We want to assist you Invest in Central African Republic, get Business Opportunities in Central African Republic as well as to search for and connect with leading Companies in Central African Republic. We also provide a list of key Government trade advisors who assist you with doing business in Central African Republic and other relevant business information on Central African Republic. Specifically we offer three digital portals that are FREE to use and will be of interest to you…..You can join our Africa Business Community FREE so we can promote your company here. After that if you have a specific investment or business proposition add it to the Africa Business Opportunities Dashboard FREE. Want investment, or to find a business partner, are you selling real estate etc, do you have goods, products or services you want to promote? If so our Africa Business Opportunities Dashboard is for you. View some of the business opportunities uploaded by our Africa Business Community here. Fast growing, more established Central African Republic companies with experienced management teams looking for investment can add themselves to our closed AFSIC African Investments Dashboard – after you have uploaded information about your investment opportunity we can send it directly into the inbox of many of Africa’s most important investors. To benefit from any of these options join our Africa Business Community today FREE !
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Country overview: Central African Republic is located in Central Africa. It is a landlock country surrounded by Cameroon, DRC, Republic of Congo, Chad, Sudan, and South Sudan. It gained its independence from France on 13 August 1960. Its constitutional capital is Bangui with 16 Administrative divisions including 2 economic administrative divisions. It is a multiparty presidential republic with a President sitting as the Head of State and Prime Minister as Head of government. It runs a unicameral national assembly as the legislative arm of the government. French is the official language while Sangho is the lingua franca and national language. It is a predominantly Christian country. It practices a civil law modelled after French system. It has an area size of 0.622 million sq km.
Demographic Information: Central African Republic has an estimated population of 6 million comprising mostly of younger population (less than 25 years) which makes up about 59.4% of the population, those in the age bracket of 25-64 years makes up of about 37.3% of the population and above 65 years age group makes up of about 3.4% of the population. Average population density is estimated at 8 inhabitants/km2. In terms of human development indicators, it has a life expectancy of 55.7 years (Women) and 52.7 years (Men). It achieved universal primary education with an 87.81% Primary enrolment rate in 2012 and overall literacy level of 37.4% as at 2018.
Broad Economic Overview: Central African Republic has abundant natural resources (diamonds, gold, uranium and wood), which are largely untapped, as well as huge arable land. Agriculture and forestry are the mainstay of the economy. The country is beginning to experience some stability having gone through years of political instability and insecurity. It recorded a modest GDP growth in the past 5 years having grown 3.8% (5yr compound growth) over the period. The growth in GDP was helped by expanded exports of diamonds. Its currency is CFA Franc BEAC which is pegged to the euro and has maintained stable inflation rate over the past years. Main export includes diamonds, cotton, coffee, timber etc. Major imports include fuel, foodstuffs and consumer goods, electrical equipment, machinery, chemicals, motor vehicles etc.
Investment Opportunities: Central African Republic has embarked on various reform programmes to attract investment. Some of the reforms include reduction of the minimum capital required to start a business, tax incentives for businesses, public-private dialogue framework etc. These reforms are in addition to the ongoing implementation of peace agreement signed by various waring parties. Some sectors with investment opportunities in the country include mining, forestry, infrastructure projects, tourism, agriculture (export crops such as coffee and cotton) etc.
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Other Information Sources
Unable to find the information that you require? You may want to access the following internet sites to obtain further information on Africa, investing in Africa, African business and African investment opportunities….
African Development Bank: www.afdb.org
African Investments: www.africaninvestments.co
AFSIC – Investing in Africa Event: www.afsic.net
BBC Africa: www.bbc.co.uk/news/world/africa
Investing in Africa: www.invest-in-africa.co
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