The African Development Bank (AfDB) is not totally satisfied with the way its projects are implemented in Gabon, according to the c omments it made to the Gabonese government at the end of a review of its operations.
On Monday, Boubacar Sidibe Traore, AfDB’s representative in Gabon, drew the Gabonese government’s attention to problems identified in the management of projects funded by the African financial organisation.
Among such problems, the AfDB mentioned long delays in ratifying and meeting the conditions for project implementation, as well as non-observance of AfDB’s accounting and financial procedures.
”The main aim of this review of our operations is to clearly bring out all the major problems hampering the implementation of the seven AfDB projects in Gabon, for a total am ount of about 275 billion cfa,” Traore explained.
According to experts, the AfDB wants Gabonese decision makers to make a strong commitment to project implementation.
Traore criticized the selection of companies to implement the projects “without any bank guarantee for the implementation of public contracts, often causing tragic delays”.
He called on all members of the Gabonese government whose ministries manage one or more AfDB projects or studies and coordinators to do their utmost to avoid sanctions or suspension of disbursements.