The Group of African Development Bank (BAD) announced on Wednesday January 7, 2026, the exclusion for a period of 20 months of IYA S.A.R.L. A decision that is subject to a waiver subject to implementation of an integrity compliance program through the society.

IYA S.A.R.L. is a construction company registered in the Republic of Mali. The Office of Integrity and Fight Anti-corruption Group of Bank African Development conducted a survey mentioning that IYA S.A.R.L. committed a fraudulent practice in the context of of the tender for the construction of electrical infrastructures relating to the Guinea-Mali Electrical Interconnection Project (PIEGM).

This project was designed to contribute to strengthening exchanges of electrical energy between the countries of West African subregion and in particular, between Guinea and Mali and to promote the socio-economic development of both countries by guaranteeing better access of the population to high-quality and low-quality electricity cost.

IYA S.A.R.L. and its subsidiaries will not be eligible to participate in projects financed by the Bank Group during the period of exclusion.

At the end of the period Exclusively, IYA S.A.R.L. will not be authorized to resume its participation in activities financed by the Bank Group only upon presentation of evidence attesting to the satisfactory implementation of a compliance program by integrity issues, in line with Bank guidelines