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African Development Bank bans contractor over fraud in Sh3 6 billion sewer line works

African Development Bank bans contractor over fraud in Sh3 6 billion sewer line works
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

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AfDB debars Global Interjapan Limited for 36 months for fraudulent practices

AfDB debars Global Interjapan Limited for 36 months for fraudulent practices
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World Bank, AfDB crackdown shines spotlight on SMEs

Last November, the World Bank and the African Development Bank (AfDB) blacklisted more than 20 Kenyan companies over fraud and quality concerns in projects funded by the multilateral lenders.

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Kenyan firms wars with global lenders risk access to loans

Protracted legal disputes between Kenyan companies and multilateral financial institutions could put local businesses under sharp scrutiny.

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AfDB tightens Kenya projects scrutiny amid graft claims

AfDB plans to hire quality assurance experts to enable greater transparency and oversight of its funded projects in the wake of financial scandals.

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