List of Debarred Entities by African Development Bank

The African Development Bank (AfDB) maintains a list of debarred entities to uphold integrity and accountability in its operations. This list includes organizations and individuals who have been barred from participating in AfDB-funded projects due to misconduct, such as fraud or corruption.

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1,785 Entities in List of Debarred Entities by African Development Bank
Entity NameEntity TypeEffective DateStatus

Oas Energy Gmbh - Sucursal Portugal

CompanyMar 18, 2022inactive

Dutchmed B.V.

CompanyJun 2, 2017active

Alam & Sons Government Contractor & General Order Supplier

CompanyJun 6, 2018inactive

On-Track Technical Services Limited

CompanySep 18, 2019inactive

Global Technology Solutions Inc

CompanyApr 1, 2010active

Construtora Coesa SA — Costa Rica Branch

CompanyMar 18, 2022inactive

Construtora Coesa SA — Guatemala Branch

CompanyMar 18, 2022inactive

Nostrot Real Estate and Construction SA

CompanyMar 25, 2022active

Construtora Coesa SA - Bolivia Branch

CompanyMar 18, 2022inactive

Selcuk Yorgancioglu

CompanyApr 19, 2023inactive

FAQs

Why is compliance with the List of Debarred Entities by African Development Bank necessary?

Compliance with the list of debarred entities by the African Development Bank (AfDB) is essential to ensure the integrity of financial transactions and projects funded by the bank. By adhering to these sanctions, organizations safeguard their operations from engaging with firms or individuals that have violated ethical standards or contractual obligations. This not only protects the reputation of involved parties but also contributes to the overall effectiveness of development initiatives, enabling the AfDB to allocate resources responsibly and effectively.

Which companies should comply with List of Debarred Entities by African Development Bank?

Companies involved in financial services, construction, and procurement should comply with the list of debarred entities by the African Development Bank (AfDB). Compliance is crucial to ensure that these businesses do not engage with sanctioned entities, which could lead to financial penalties, reputational damage, and exclusion from future contracts. This adherence promotes integrity and accountability in development projects across the continent.