AfDB blacklists Nigeria-based Chinese firm for fraudulent practices

Ethiopia secures US$165M in grant funds from AfDB to bolster COVID-19 emergency response efforts

NIGERIA – The African Development Bank Group (AfDB) has debarred China Zhonghao Nigeria Limited, a civil engineering company for 18 months for fraudulent practices in bidding.   An investigation conducted by the Bank’s office of integrity and anti-corruption revealed that China Zhonghao Nigeria Limited was also responsible for its joint venture partner’s fraudulent misrepresentations.   These misrepresentations include its year of incorporation,…

Read More