Adani

Adani Ports and Special Economic Zone Ltd., established by the billionaire Gautam Adani, is actively seeking port opportunities in South Africa. This initiative marks a significant relaunch of the company’s international expansion efforts, intending to bolster its presence in the dynamic global maritime sector. In a statement, Karan Adani, the managing director of Adani Ports, shared, “We are evaluating port projects in South Africa to boost our presence in Africa.” He further indicated that the company is…

Adani Ports and Special Economic Zone Ltd., a leading player in the global maritime industry, is dipping its toes into the waters of South Africa. Founded by the ambitious billionaire Gautam Adani, the company is stirring the pot of international expansion, and South Africa seems to be one of their promising destinations. But what does this mean, not just for the company, but for the broader maritime sector? “We are evaluating port projects in South Africa to boost our presence in Africa,” shared Karan Adani, the managing…

Amid a backdrop of controversy, top brass in Kenya's government, including President William Ruto, staunchly defended controversial accords with the Adani Group . However, the tide has turned. President Ruto decided to annul the procurement process poised to hand the keys of Kenya's primary airport to India’s corporate heavyweight, Adani Group, following the indictment of its founder in the U.S. This dramatic revelation came on Thursday as part of Ruto’s address to the nation. The original agreement, a hefty $2 billion…

Turmoil at Kenyan Airport as Workers Strike Over Adani Agreement NAIROBI, Kenya — Workers at Nairobi's Jomo Kenyatta International Airport (JKIA) have downed tools, throwing the airport into disarray. Numerous flights have been halted, leaving passengers high and dry. The catalyst of this upheaval is a brewing deal with India's Adani Group, poised to lease the airport's operations for three decades. In return, there'd be upgrades: a new terminal and an upgraded runway. The Kenya Aviation Workers Union (KAWU) is sounding…