Central African Republic
Official Name: Central African Republic
Independence Day: 13 August 1960
Currency: CFA franc (XAF)
- CAR is expected to benefit from the Douala-Bangui Douala-Ndjamena Corridor, which aims to modernise the highest priority multimodal ARTIN corridor in Central Africa and facilitate travel for people and goods across the borders between Cameroon, Chad and the Central African Republic.
- The country joined the Sustainable Energy for All (SE4All) Initiative, which aims to ensure universal access to modern energy services, double the global rate of improvement in energy efficiency, and double the share of renewable energy in the global energy mix. To support this process, the SE4ALL Africa Hub partners led the development of Africa Guidelines for SE4ALL national Action Agendas.
- Africa has agreed to commit 100 Million hectares of land for restoration through the application of the restoration opportunities assessment methodology. To-date, CAR has committed 3.5 million ha.
- The Central African Republic signed the CAADP Compact in 2011, committing to prioritise agricultural transformation and development. Technical experts were deployed in 2012 to undertake independent technical reviews of the country’s National Agricultural Investment Plan (NAIP). CAR is currently implementing its NAIP through the support of NEPAD. According to the CAADP Biennial Review Report this resulted in improved policy development and implementation, 100% official development assistance (ODA) disbursed to agriculture against commitments, 65.5% of youth engaged in new job opportunities in agriculture value chains, 21.8% of rural women having access to productive assets in agriculture and an increase of 12,4% in agricultural value added per arable land.