It follows the indictment of billionaire Gautam Adani in New York on Wednesday. President William Ruto announced that the controversial multimillion-dollar deals in the energy, transport and health sectors would be scrapped during his state of the nation address to parliament on Thursday.

Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.

Kenya cancelled important projects with India's Adani Group following the U.S. indictment of its founder. The deals involved major airport and energy infrastructure valued at billions, but faced scrutiny over transparency and governance.

Kenyan President William Ruto sought Thursday to turn the page on a difficult year, cancelling controversial deals with India's Adani Group and vowing to tackle corruption, police kidnappings and gender-based violence.

Kenyan President William Ruto announced the cancellation of a $2 billion airport deal and a $736 million energy partnership with India's Adani Group. The decision follows an indictment of the group's founder in the U.