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

Yim, Kimchhean

IndividualFeb 9, 2022active

Asdecon Corporation Company Limited

CompanyJun 19, 2012active

Yunnan Jincheng Construction Engineering Co. Ltd. (“Yunnan Jincheng”)

CompanyMar 23, 2020inactive

Seng Enterprise Co. Ltd.

CompanyFeb 20, 2015active

Psi Infrastructure Projects and Services

CompanyFeb 12, 2016active

Development Action Centre (DAC)

CompanyAug 22, 2011active

Metal Engineering Eood

CompanyNov 16, 2011inactive

Extracon Construction Company

CompanyOct 25, 2011active

Citeco Construction Company

CompanyOct 25, 2011active

Construtora Coesa SA — Chile Branch

CompanyMar 18, 2022inactive

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.