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 Name | Entity Type | Effective Date | Status |
---|---|---|---|
Alyans Beton Limited Liability Company | Company | Feb 11, 2022 | inactive |
Tianjin Haibao Logistic Co Ltd | Company | Nov 19, 2021 | inactive |
Voith Hydro GmbH Co KG | Company | Apr 12, 2022 | inactive |
Katni MSW Management Private Limited | Company | Dec 7, 2021 | inactive |
Engineering Projects and Environmental Services SAS | Company | Aug 31, 2023 | inactive |
Henan Geology and Mineral Group Municipal Engineering Co. Ltd. | Company | May 2, 2023 | inactive |
Mumbai Waste Management Limited | Company | Dec 7, 2021 | inactive |
Hebei Tianyu Construction Development Co Ltd | Company | Jul 22, 2024 | inactive |
Zhejiang Zhengyuan Water Conservancy and Hydropower Survey Design Institute | Company | Jun 15, 2021 | inactive |
Mediredes SAS or Management and Projects Construction Group SAS | Company | Nov 8, 2021 | inactive |
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.
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