Articles tagged with: Economy
4,000 jobs created by the digital economy in 2024
The Central African Republic is taking a new step in its modernization by moving toward a digital economy. Driven by the Minister of the Digital Economy Justin NGOURNA-ZACKO the government has made the development of e-commerce a core priority.
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A TV Report Reveals How Peace Is Becoming an Economic Opportunity
The economic renewal of the Central African Republic is no longer an abstract narrative — it is becoming visible, tangible, and increasingly documented. A recent report by Africa 24 brings this transformation into sharp focus, portraying a country on the move.
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AfDB’s Mamady Souaré Honored as His Mission Concludes
The Central African Republic paid tribute to Mamady Souaré, Country Manager of the African Development Bank (AfDB), whose five-year tenure (2020–2025) came to an end this month.
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Agriculture at the heart of the Central African development strategy
The CAR is preparing to host an investor Round Table in Morocco dedicated to its ambitious National Development Plan 2024–2028 which aims to redefine the country’s economic priorities, with a particular focus on agriculture.
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CAR Aims to Mobilize $12.8 Billion for National Development at Casablanca Round Table
On 14–15 September 2025, the CAR will host an international roundtable in Casablanca, Morocco to mobilize financing for its National Development Plan, with an ambitious target of 7,000 billion CFA francs ($12.8 billion).
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CAR Foreign Minister Baïpo Temon: “The Country Is Ready for Investors”
Speaking to Africa24, Sylvie Notefeï Baïpo Temon, Minister of Foreign Affairs of the Central African Republic, emphasized that the country has entered a new phase of stability and is now positioning itself as a land of opportunity for investors.
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Central African Republic Strengthens Partnership with African Development Bank
The Minister of Economy, Planning and International Cooperation, Prof. Richard Filakota, received the Director General for Central Africa of the African Development Bank (AfDB), Dr. Léandre Bassole, for an official meeting in Bangui.
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Minister Prof. Filakota: „The Central African Republic is back"
The CAR is taking decisive steps to align its abundant natural wealth with sustainable and inclusive development. With the launch of its National Development Plan, the government aims to convert the country's underutilized resources.
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Gilles-Gilbert Gresenguet Urges Investors to Seize Opportunities
“To all investors, both African and international, I say: do not be afraid. The CAR welcomes you with open arms”, proclaimed Gilles-Gilbert Gresenguet, President of the National Union of Central African Employers (UNPC).
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New momentum for the economic development of the Central African Republic
Today, the Minister of Economy, Planning and International Cooperation had the honor of receiving a high-level delegation from the Saudi Fund for Development. This meeting marks another important step toward strengthening international partnerships and advancing concrete development projects.
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One Week to Go: Countdown to the Investment Round Table in Casablanca
With just one week remaining until the highly anticipated Investment Round Table in Casablanca, momentum is building for what promises to be a landmark event in the economic transformation of the CAR.
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Power for Progress: The Bac & Lotemo Hydropower Project
In the heart of the Lobaye River valley, a transformative energy project is taking shape. As part of the National Development Plan, the CAR is preparing the construction of two hydropower dams—Bac and Lotemo.
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Tony Elumelu in Bangui – "Responsibility begins with investment"
During his visit to Bangui, Nigerian entrepreneur and influential business leader Tony Elumelu sent a strong signal for greater private sector engagement in the Central African Republic.
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Securing the Energy Supply: A Petroleum Depot for Zinga
As part of the CAR’s strategy to modernize its energy infrastructure, a major new project is on the horizon: the construction of a petroleum product depot in the river port town of Zinga.
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Unlocking CAR’s Potential: Prime Minister Moloua on the Path to Sustainable Development
As the Central African Republic prepares to welcome investors to the International Round Table in Casablanca, the country’s Prime Minister Félix Moloua outlines the country’s strategic shift.
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Unlocking the Potential of the Central African Republic
The National Development Plan 2024–2028 is not just a roadmap for structural reform and investment – it is a strategy to unleash the vast, untapped potential of the Central African Republic.
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The Central African Republic in figures
Facts about Identity & People, Environment & Geography as well as Politics & Economy.
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Social Media Sparks a New Wave of Entrepreneurship
More and more young creators and entrepreneurs are using digital platforms to launch businesses, build audiences, and turn ideas into income with social media rapidly evolving from a tool for entertainment into a genuine engine of economic opportunity.
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African Leaders Call for More Investment in Development and Infrastructure
At the African Development Bank’s 2026 Annual Meeting, several African heads of state and government called for increased investment.
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Focus on Economic Integration:
16th CEMAC Heads of State Summit
16th CEMAC Heads of State Summit
The Central African Republic welcomed regional leaders this week for the 16th Conference of Heads of State and Government of the Central African Economic and Monetary Community (CEMAC), a pivotal two-day summit held in Bangui.
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“Industrialisation is our Development Lever”: Minister Thierry Patrick Akoloza outlines CAR’s Economic Transformation
Thierry Patrick Akoloza, Minister of Commerce and Industry of the Central African Republic, shares his vision for transforming the national economy.
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Minister Ndoba Calls for Accelerated Reforms
In an in-depth interview with Africa24 TV, the Minister of Finance and Budget of the Central African Republic, Hervé Ndoba, delivered a clear and urgent message: the country must intensify its reforms while securing stronger support from international financial institutions.
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The Central African Republic launches a large-scale program for the future
The government of the Central African Republic is launching a billion-dollar investment program covering all sectors and regions of the country with investments totaling USD 12.8 billion.
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The National Development Plan in Numbers: What the CAR Aims to Achieve by 2028
The CAR is pursuing a bold new course. With the launch of the National Development Plan 2024–2028, the government has defined a clear roadmap to unlock the country’s economic, social, and human potential.
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"We want to regain our share of the transport market" – Interview with Minister Gontran Djono Abba
Speaking to Africa24 Minister Gontran Djono Abba shares his ministry’s vision on the role of infrastructure and transport.
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Women at the Core: Minister Kirimat Highlights Role of Women
At the sidelines of the Investment Round Table in Casablanca, Dr. Marthe Augustine Kirimat, Minister for the Promotion of Gender, Protection of Women, Family and Children of the Central African Republic (CAR), emphasized that women must be at the heart of the country’s development agenda.
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