The African Development Bank (AfDB) has debarred Chinese road builder China Henan International Corporation Group (CHICO) for engaging in “fraudulent activity” in a project the lender is funding in Uganda.
The ban on the Henan-based constructor will last 12 months effective March 28, a period in which CHICO will not be able to participate in any new AfDB-funded projects on the continent including Kenya where it has an ongoing project.
