Recent AfDB cases send mixed signals to companies

The global economic slowdown precipitated by covid-19 does not appear to have curtailed the enforcement activities of multilateral development banks (MDBs). In particular, the African Development Bank Group (AfDB) is having its most active year to date. So far, the AfDB has debarred 84 firms. By contrast, the AfDB debarred 27 firms and individuals in 2019 and only eight firms and individuals in 2018.

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