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CAR secures $9 bln pledges and 18 MoUs for 2024–28 development plan

CAR secures $9 bln pledges and 18 MoUs for 2024–28 development plan
Wednesday, 17 September 2025 18:15
  • Central African Republic closes investor roundtable with $9 bln in pledges.
  • 18 MoUs signed across transport, energy, agriculture, digital and tourism.
  • PND 2024–2028 seeks $12.8 bln for 58 projects to modernize infrastructure.

The Central African Republic (CAR) wrapped up its investor roundtable in Casablanca, Morocco, on September 15 with close to $9 billion in financing pledges for its National Development Plan (PND 2024–2028). The commitments came alongside the signing of 18 memorandums of understanding.

According to the government, the agreements cover key priority sectors including transport, agriculture, energy, digital technology, agro-industry, vocational training, governance, and tourism.

The two-day event aimed to mobilize public and private financing for the PND, which outlines 58 projects at a total cost of $12.8 billion. The plan seeks to modernize national infrastructure, develop agriculture, strengthen human capital, and support productive sectors.

The Casablanca meeting brought together private investors and international institutions such as the World Bank, the African Development Bank (AfDB), the International Finance Corporation (IFC), and the Arab Bank for Economic Development in Africa.

President Faustin-Archange Touadéra described the PND as a tool for economic recovery and transformation, stressing its importance in a context of ongoing security challenges.

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