Norconsult, one of the most prominent consultants in the Norwegian aid market, will no longer bid for contracts managed by local authorities in Tanzania due to widespread corruption.

It closes down its local subsidiary Norconsult Tanzania Ltd. (NTZ), which has made irregular payments related to several projects, according to a new audit. The World Bank is also investigating the firm for corruption.

Development Today is a subscription-based journal published with 20 issues a year. To subscribe click here.

If you are already a subscriber to Development Today please log in.

Would you like to know more about Development Today? Click here.

Print this article

DT 7

OECD bans market loans to poor countries. New era for mixed credits

New OECD regulations make it difficult for 59 low-income countries to finance loans on market terms. Export to these countries will have to be aid financed through mixed credits or grants. The new rules have been decided upon without the involvement of the affected countries, most of them in Africa. One result is likely to be a renaissance for the mixed credit schemes in donor countries.

Norconsult exits Tanzania to avoid corruption

DT 7

Related articles