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

Comsis Information Technology Solutions Services (“Comsis Afghanistan”)

CompanySep 19, 2024inactive

JYC IMPORT EXPORT

CompanyMay 15, 2014inactive

RVAC Private Limited Singapore

CompanyDec 7, 2021inactive

Central American Technology Corporation SA

CompanyJun 26, 2018inactive

Guangrongfeng Hong Kong Industrial Co Limited

CompanyDec 27, 2017inactive

M R Heavy Equipment Road Builders

CompanyJul 14, 2015inactive

Dangshan Soaring General Aviation Industry Development Co Ltd

CompanyJul 22, 2024inactive

Ulife Central America SA

CompanyMar 25, 2022inactive

GE Power Systems GmbH

CompanyMar 15, 2019inactive

Construtora OAS Ghana Limited

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.