Connect with us

Africa

President Touadéra Targets $12.8 billion Investment in CAR -By Kestér Kenn Klomegâh

Central African Republic is a landlocked country surrounded by six direct neighbors: Chad to the north, Sudan and South Sudan to the east, Cameroon to the west, and the Democratic Republic of Congo and the Republic of Congo to the south. CAR is considered one of the least developed countries in the world.

Published

on

President Touadéra

Central African Republic is launching a billion-dollar investment program covering all sectors and regions of the country. Investments totaling $12.8 billion, combined with extensive government reforms and incentives for businesses. A total of 543 specific projects have been defined for the period up to 2028.

“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 Central African Republic. “The aim is, on the one hand, to set in motion a genuine dynamic of development and structural change in the country at the economic, social, and environmental levels and, on the other hand, to reduce poverty and improve the well-being of our population.”

“Central African Republic has considerable potential. To harness this potential, we must invest in human capital. This means bringing important infrastructure closer to the population – especially schools and health services. The National Development Plan is about laying the foundation for a forward-looking vision,” says Prime Minister Félix Moloua. “We are now creating the conditions for success – and inviting our partners to participate.”

Under the title “Ambition 28,” the CAR government is inviting international investors to an Investment Round Table in Casablanca, for the first time, on September 14 and 15, 2025. (https://ambition28-rca.org/)

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 Morocco, will emphasize in their keynotes the importance of international partnerships for the country’s economic transformation. Panels will highlight investment opportunities in energy, agriculture, mining, infrastructure, digitalization, and tourism.

Advertisement

Central African Republic is a landlocked country surrounded by six direct neighbors: Chad to the north, Sudan and South Sudan to the east, Cameroon to the west, and the Democratic Republic of Congo and the Republic of Congo to the south. CAR is considered one of the least developed countries in the world.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Contents

Topical Issues

Governor Siminalayi Fubara Governor Siminalayi Fubara
Africa9 hours ago

Emerging Facts On The Impeachment Move Against Fubara: Nigerians Were Right All Along -By Isaac Asabor

Governor Fubara’s insistence on fiscal discipline may disrupt entrenched arrangements, but disruption is sometimes the price of reform. Independence is...

FUBARA AND WIKE - AMAEWHULE FUBARA AND WIKE - AMAEWHULE
Politics12 hours ago

It Is High Time Wike And His Acolytes Allowed Fubara To Drink Water And Drop The Cup -By Isaac Asabor

The choice before Rivers political actors is clear. They can respect the mandate freely given by the people; allow the...

quality-nigerian-flag-for-sale-in-lagos quality-nigerian-flag-for-sale-in-lagos
Africa13 hours ago

Nigeria’s Year of Dabush Kabash -By Prince Charles Dickson Ph.D.

While politicians posture, Nigerians are trying to understand a new tax regime, rising costs, shrinking incomes, and policy explanations that...

Africa23 hours ago

Singapore’s Leaders Built An Economy; Nigeria’s Keep Building Excuses -By Isaac Asabor

Until Nigerian leaders stop building excuses and start building institutions, the gap between both countries will remain. Singapore’s rise is...

Tinubu and Wike Tinubu and Wike
Africa23 hours ago

Nyesom Wike and falling rafters of Rivers -By Festus Adedayo

Nigerian politics has produced a number of queer politicians and their absurd politics. One was Chief S. L. Akintola, the...

Wike Wike
Africa24 hours ago

Campaigns Without Elections: How Nigeria’s Politicians Are Breaking The Law In Plain Sight -By Isaac Asabor

Nigeria cannot afford a perpetual campaign cycle. The country is grappling with economic hardship, insecurity, and institutional fatigue. This is...

Abba Dukawa Abba Dukawa
Africa1 day ago

Reciprocity in Conflict: How Covert Attacks Provoke Resistance -By Abba Dukawa

Governor Abba Kabir belongs to every Kanawa and to no one – he's the people's governor, above political affiliation. One...

JAMB and UTME JAMB and UTME
Forgotten Dairies1 day ago

The Role of Technology in Nigeria’s Education System -By Alheri Una

To fully maximize technology in education, government investment is crucial. Public-private partnerships can help provide internet access, digital devices, and...

Egbetokun Egbetokun
Africa1 day ago

Setting The Record Straight On The So-Called “IGP’s Boys” Narrative -By Danjuma Lamido

Nigeria deserves a Police Force that is firm, fair, and accountable, and a media ecosystem that reports responsibly. We must...

Russian-Indian Business Dialogue, December 2025 Russian-Indian Business Dialogue, December 2025
Forgotten Dairies1 day ago

Russia–India Dialogue Provides Platform for Strengthening Bilateral Entrepreneurship -By Kestér Kenn Klomegâh

Participants noted the development of Russia–India cooperation and implementation of joint business projects will continue at major international platforms, including...