The Central African Republic launches a large-scale program for the future
- Investments of
USD 12.8 billion by 2028 in infrastructure, security, and education - Enormous potential in the heart of
Africa : untapped mineral resources, unspoiled nature, and a young population eager to learn - Opportunities better than ever before: political stability combined with a comprehensive development plan for the country
- International Investment Round Table in
Casablanca with presentation of the national development plan and 24 specific investment projects
"We are determined to unlock our country's largely untapped potential by accelerating economic growth, building resilient and sustainable infrastructure, improving basic public services, and providing incentives for investors," emphasizes Prof. Faustin Archange Touadéra, President of the
The
Untapped potential – mineral resources, forests, arable land
The
The CAR has around 15 million hectares of arable land, of which only 5% is currently cultivated. The tropical climate with abundant rainfall, fertile soil, and large water resources is extremely favorable for the cultivation of cassava, corn, rice, peanuts, cotton, coffee, cocoa, sugar cane, sesame, and oil palm. Cotton and industrial crops in particular have strong export potential.
A good third of the country's territory is forested, which is about 23 million hectares of forest. Precious species such as mahogany, sipo, sapelli, and iroko are not uncommon. Local wood processing, ecotourism, the development of forests as carbon sinks, and FSC (Forest Stewardship Council) certification offer significant opportunities.
A World Bank analysis identified more than 470 mineral deposits, including diamonds, gold, uranium, lignite, iron, copper, limestone, columbite-tantalite, manganese, oil, nickel, and columbite-tantalite (coltan).
"The
'Ambition28' – investor conference kicks off future program
Under the title "Ambition 28," the CAR government is inviting international investors to an Investment Round Table in
"The Round Table in
During the two-day conference, President Touadéra and leading government officials will present the contents of the National Development Plan in detail. Representatives from the World Bank, the African Development Bank, the European Commission, the UN, the Arab Development Bank for Africa, the International Monetary Fund, the International Finance Corporation (ICF), and the host country, the Kingdom of
The National Development Plan 2024–2028
"The National Development Plan is a turning point in our country's history. The conference is the necessary catalyst for this, bringing global players, financiers, and institutions together to work closely toward an economically strong future," says Filakota. "We are not looking for handouts. We are looking for fair partners who recognize opportunities, want to do good business, and have the courage to write
The National Development Plan is the
Further information on the Round Table:
Further information on the CAR's National Development Plan:
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SOURCE Ambition28 -
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