{"id":6294,"date":"2024-12-04T03:09:13","date_gmt":"2024-12-04T03:09:13","guid":{"rendered":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/?p=6294"},"modified":"2024-12-04T03:09:13","modified_gmt":"2024-12-04T03:09:13","slug":"kenya-cancels-more-than-2-5-billion-in-deals-with-adani-after-us-indictment","status":"publish","type":"post","link":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/2024\/12\/04\/kenya-cancels-more-than-2-5-billion-in-deals-with-adani-after-us-indictment\/","title":{"rendered":"Kenya Cancels More Than $2.5 Billion in Deals with Adani after US Indictment"},"content":{"rendered":"\n

https:\/\/www.aljazeera.com\/economy\/2024\/11\/21\/kenya-cancels-more-than-2-5bn-in-deals-with-adani-after-us-indictment<\/a><\/p>\n\n\n\n

On Thursday, November 21st, Kenyan President William Ruto pulled out of an agreement with India\u2019s Adani group, (a business and infrastructure company with political influence), following the indictment of its founder. Under the agreement, Adani was going to add a second runway to the Jomo Kenyatta International Airport and improve the passenger terminal under a 30 year lease. Ruto also pulled out of another agreement with Adani over the $736 million dollar project of constructing power transmission lines. The cancellation of the agreements was met with approval from parliament and politicians, as there were allegations circulating of Adani practicing unlawful \u201cgovernance practices\u201d, and pulling out was seen as a move with integrity.<\/p>\n\n\n\n

Though maybe not considered exactly friendly with each other, India and Kenya benefit from each other a lot. They are maritime trade partners and in the period of 2014-2015, India was Kenya\u2019s largest trading partner. Though Kenya did pull out of a big engineering agreement with India, it is somewhat unlikely it was severe any major ties between the two countries. Adanu is a major group in India and is very influential and even considered close to the government, however their founder was just indicted and is facing a lot of scorn right now. At the most, I can see this escalating to Adani being distrusted in India more, and possibly other countries should it choose to extend business elsewhere.<\/p>\n\n\n\n

Though this wasn\u2019t an official alliance between India and Kenya, through a realist perspective it represents the fluidity of alliances, and in this case, alliance type agreements. Despite the possible gain for Kenya they decided, on their national interest from a moral perspective, that they did not want to continue the project that was going to take place with Adani. If the stakes were higher is it possible that relations would become a bit shaky, though as this wasn\u2019t an issue of collective goods, anything about human rights, health, poverty, or general welfare, even something a bit more economic or security concerned, the implications aren\u2019t too heavy.<\/p>\n","protected":false},"excerpt":{"rendered":"

https:\/\/www.aljazeera.com\/economy\/2024\/11\/21\/kenya-cancels-more-than-2-5bn-in-deals-with-adani-after-us-indictment On Thursday, November 21st, Kenyan President William Ruto pulled out of an agreement with India\u2019s Adani group, (a business and infrastructure company with political influence), following the indictment of its founder. Under the agreement, Adani was going to add a second runway to the Jomo Kenyatta International Airport and improve the passenger terminal under a 30 year lease. Ruto… Read more »<\/a><\/p>\n","protected":false},"author":286,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6294","post","type-post","status-publish","format-standard","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/posts\/6294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/users\/286"}],"replies":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/comments?post=6294"}],"version-history":[{"count":1,"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/posts\/6294\/revisions"}],"predecessor-version":[{"id":6295,"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/posts\/6294\/revisions\/6295"}],"wp:attachment":[{"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/media?parent=6294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/categories?post=6294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/subsaharanafricablog\/wp-json\/wp\/v2\/tags?post=6294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}