Kenya cancels power transmission deal with Adani following US bribery charges

Kenyan President William Ruto announced the cancellation of two major deals involving India's Adani Group. The first is the procurement process for expanding Kenya's main airport, and the second is a $700 million power transmission agreement with an Adani unit. The cancellations follow U.S. prosecutors' indictment of Adani for allegedly conspiring to bribe Indian officials in a $265 million scheme.