• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
AfDB Urges Bold Reforms As Nigeria's Economic Decline Deepens

AfDB Debars Rockey Africa Limited, Its Affiliates And CEO For Fraudulent Practices

4 years ago
HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

9 minutes ago
England Edge Spain To Retain Women European Title

England Edge Spain To Retain Women European Title

7 hours ago
US Halts Student Visa Processing To Introduce Social Media Vetting

Nigeria: Board Raises Alarm Over Social Media’s Harmful Impact On Children

12 hours ago
DRC: Worshippers Taking Part In Vigil Killed By Suspected Islamists

DRC: Worshippers Taking Part In Vigil Killed By Suspected Islamists

13 hours ago
mpox

Ghana Confirms First Mpox Death Amid Surge In Infections

13 hours ago
Monday, July 28, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

    HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Insecurity In West Africa No Longer France’s Concern — Minister

    Insecurity In West Africa No Longer France’s Concern — Minister

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Strained Relations: Ramaphosa, Trump To Meet This Week

    US: Lawmakers Vote To Favour Bill Seeking Sanctions Against SA Over Its Foreign Policy

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

  • Economy
    Russia Forges Closer Ties With Direct Flights To North Korea

    Russia Forges Closer Ties With Direct Flights To North Korea

    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    Kenya: President Ruto’s Convoy Kills British National

    Kenya: Rating Agency Says Cost Of Debt Servicing’ll Remain High Over Local Borrowing

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

    HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Insecurity In West Africa No Longer France’s Concern — Minister

    Insecurity In West Africa No Longer France’s Concern — Minister

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Strained Relations: Ramaphosa, Trump To Meet This Week

    US: Lawmakers Vote To Favour Bill Seeking Sanctions Against SA Over Its Foreign Policy

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

  • Economy
    Russia Forges Closer Ties With Direct Flights To North Korea

    Russia Forges Closer Ties With Direct Flights To North Korea

    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    Kenya: President Ruto’s Convoy Kills British National

    Kenya: Rating Agency Says Cost Of Debt Servicing’ll Remain High Over Local Borrowing

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

AfDB Debars Rockey Africa Limited, Its Affiliates And CEO For Fraudulent Practices

September 21, 2021
in Economy, Top Stories
0
AfDB Urges Bold Reforms As Nigeria's Economic Decline Deepens

AfDB President Akinwumi Adesina.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By John Ikani

The African Development Bank (AfDB) Group has announced an 18-month debarment of Rockey Africa Limited and its affiliates, including Aerospace Aviation, Eva-Top Agencies, Sony Commercial Agencies, Beta Trading Company and Madujey Global Services.

Relatedreading

HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

England Edge Spain To Retain Women European Title

The Bank has also debarred for 24 months, Mr. Robert Kamau Wachira, the Chairman and Chief Executive Officer of Rockey Africa Limited. The debarments take effect from August 5, 2021. All six companies are registered under the laws of the Republic of Kenya.

According to a statement issued by AfDB group, an investigation conducted by the Bank’s Office of Integrity and Anti-Corruption, established that Rockey Africa Limited, its above-named affiliates and Mr. Wachira, engaged in fraudulent practices in several tenders under the Support to Enhancement of Quality and Relevance in Higher Education, Science and Technology Project implemented in Kenya.

During the debarment periods, Rockey Africa Limited, its affiliates and Mr. Wachira will be ineligible to participate in Bank Group-financed projects. Additionally, this debarment qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions, including the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank Group.

At the expiry of the debarment periods, Rockey Africa Limited and its affiliates will only be eligible to resume participation in AfDB Group-financed projects after implementing integrity compliance programs consistent with the Bank’s guidelines; and in the case of Mr. Wachira, after completing an accredited business integrity training.

The Support to Enhancement of Quality and Relevance in Higher Education, Science and Technology Project is aimed at increasing the number of qualified and skilled engineers in line with Kenya’s Vision 2030 priorities for science, technology and innovation. The Project is co-financed by the African Development Fund, an entity of the African Development Bank Group and the Government of Kenya.

Tags: African Development Bank (AfDB) GroupAsian Development BankEuropean Bank for Reconstruction and DevelopmentInter-American Development BankKenyaWorld Bank Group
ShareTweetSend
Previous Post

UNGA: Buhari, Okonjo-Iweala Discuss Vaccines, Initiatives For Nigeria, Africa

Next Post

2023 Presidency: Jega, Utomi, Duke, Other Nigerian Politicians Float Third Force ‘RNP’

Related Posts

HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

July 28, 2025
England Edge Spain To Retain Women European Title

England Edge Spain To Retain Women European Title

July 28, 2025

Nigeria: Board Raises Alarm Over Social Media’s Harmful Impact On Children

DRC: Worshippers Taking Part In Vigil Killed By Suspected Islamists

Ghana Confirms First Mpox Death Amid Surge In Infections

Russia Forges Closer Ties With Direct Flights To North Korea

Next Post
2023 Presidency: Jega, Utomi, Duke, Other Nigerian Politicians Float Third Force ‘RNP’

2023 Presidency: Jega, Utomi, Duke, Other Nigerian Politicians Float Third Force ‘RNP’

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

July 28, 2025
England Edge Spain To Retain Women European Title

England Edge Spain To Retain Women European Title

July 28, 2025
US Halts Student Visa Processing To Introduce Social Media Vetting

Nigeria: Board Raises Alarm Over Social Media’s Harmful Impact On Children

July 27, 2025
DRC: Worshippers Taking Part In Vigil Killed By Suspected Islamists

DRC: Worshippers Taking Part In Vigil Killed By Suspected Islamists

July 27, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

HT Exclusive: With 80 Presidential Aspirants, Is The End Of Paul Biya’s 4-Decade Grip On Power Imminent?

July 28, 2025

England Edge Spain To Retain Women European Title

July 28, 2025

Nigeria: Board Raises Alarm Over Social Media’s Harmful Impact On Children

July 27, 2025

DRC: Worshippers Taking Part In Vigil Killed By Suspected Islamists

July 27, 2025

Ghana Confirms First Mpox Death Amid Surge In Infections

July 27, 2025

Russia Forges Closer Ties With Direct Flights To North Korea

July 27, 2025

2026 World Cup: FIFA To Kick-off Ticket Sale September 10

July 27, 2025

More African Americans Choosing To Relocate To Africa

July 27, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In