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

Economic and Technological Development Zone Concrete Branch of Weihai Construction Group Co Ltd

CompanyNov 19, 2021inactive

Copasa do Brasil Public Works and Services Company (“COPASA DO BRASIL”)

CompanyAug 11, 2022inactive

Henan-China International Cooperation Group SURL

CompanyMar 28, 2024inactive

Henan-China International Cooperation Group SURL

CompanyFeb 28, 2024inactive

Future Netwings Solutions LLC

CompanyJun 20, 2024inactive

Future Netwings Solutions LLC

CompanyJun 20, 2024inactive

Nanhai New Area Branch of Weihai Construction Group Co Ltd

CompanyNov 19, 2021inactive

SoftTech IT Solutions and Services Ltd

CompanyMar 29, 2022inactive

PT LPPSLH KONSULTAN

CompanyJul 9, 2024inactive

CV Alam Indah

CompanyJun 26, 2018inactive

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.