The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more

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22/03/2019 - The African Development Bank Group today announced the conclusion of a settlement agreement with GE Power, thus resolving sanctionable practices committed by former Alstom companies.

Categories: Integrity and Anti-Corruption


23/01/2019 - The African Development Bank Group on January 23, 2019, announces the debarment of ALG Global Concept Nigeria Limited, a construction company registered in Nigeria and its Managing Director, Mr. Abuharaira Labaran Gero, for a period of 36 months.

Categories: Nigeria, Economic & Financial Governance, ADF, Integrity and Anti-Corruption


10/09/2018 - The African Development Bank Group on September 10, 2018, announced the debarment of the Centre Africain de Recherches Forestières Appliquées et de Développement (CARFAD), a consulting company based in Yaoundé, Cameroon, and its Executive Director, Benjamin Tchoffo for a minimum period of 36 months.

Categories: Integrity and Anti-Corruption


07/05/2018 - The African Development Bank Group (AfDB) on May 7, 2018, announced the conclusion of a settlement agreement with CHINT Electric Co., Ltd., a power transmission and distribution equipment manufacturer and EPC contractor. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that CHINT Electric engaged in a multitude of fraudulent practices: In bidding for contracts in the context of numerous Bank-financed power projects, the company misrepresented its experience with similar assignments in order to meet qualification requirements.

Categories: Integrity and Anti-Corruption


20/09/2017 - The African Development Bank Group (AfDB) on September 19, 2017, announced the debarment of Entreprise de Construction Urbaine et Rurale (ECUR) for a minimum period of three years. An investigation conducted by the AfDB’s Office of Integrity and Anti-Corruption established that ECUR engaged in a fraudulent practice in the execution of a road rehabilitation project in Mali: The company submitted a forged bank guarantee to secure an advance payment on a works contract financed by the AfDB.

Categories: Integrity and Anti-Corruption


22/08/2017 - The African Development Bank Group (AfDB) on August 22nd, 2017, announced the debarment of Chongqing International Construction Corporation (CICO) for a minimum period of twelve months.

Categories: Partnerships, Integrity and Anti-Corruption


10/11/2016 - In response to the challenges facing Regional Member Countries (RMCs) in the fight against corruption and in line with the institution’s priorities, the Board of Directors of the African Development Bank on Wednesday, November 9, 2016, approved the establishment of the Africa Integrity Fund (AIF).

Categories: Integrity and Anti-Corruption


28/10/2016 - Côte d’Ivoire has joined the Partnership on Illicit Finance. The announcement was delivered by Fiacre Adopo, Adviser to the Minister of Budget, who represented the Ivorian Government during a workshop on tackling corruption, illegal trade and other forms of illicit financial flows (IFF), hosted by the African Development Bank (AfDB).

Categories: Economic & Financial Governance, Private Sector, Partnerships, Integrity and Anti-Corruption


13/01/2016 - In its bid to further promote good governance and ethical business practices in its operations and investment decisions, the Board of Directors of the African Development Bank Group (AfDB), met on January 13, 2016 in Abidjan and approved the Integrity Due Diligence Policy on non-sovereign operations (IDD).

Categories: Private Sector, Partnerships, Integrity and Anti-Corruption


10/12/2015 - “Africa loses $148 billion to corruption every year. Just think of how many continents you could light up with that amount,” Akinwumi Adesina, President of the African Development Bank, said Wednesday. He was speaking at the Bank’s headquarters in Abidjan, Côte d’Ivoire on December 9, 2015 in commemoration of International Anti-Corruption Day under the theme Break the Corruption Chain.

Categories: Energy & Power, Gender, Partnerships, Health, Agriculture & Agro-industries, Human Capital Development, Economic & Financial Governance, Integrity and Anti-Corruption, The President


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