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

PT Aris Makmur Mandiri

CompanyFeb 17, 2021inactive

BETS Consulting Services Limited

CompanyOct 31, 2023inactive

Gao District Branch of Weihai Construction Group Co Ltd

CompanyNov 19, 2021inactive

INPRECO Engineering Prefabricated and Construction

CompanyDec 1, 2015inactive

AG Vision Construction Nigeria Ltd

CompanyDec 18, 2020inactive

Hebei Construction Group Installation Engineering Co Ltd

CompanyJul 22, 2024inactive

Ramky Enviro Engineers Limited

CompanyDec 7, 2021inactive

HG Market Group Corp

CompanySep 25, 2019inactive

Delhi MSW Solutions Limited

CompanyDec 7, 2021inactive

Wenzhou Lugang Transportation Equipment Co Ltd

CompanyDec 19, 2017inactive

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.