Business in the Central African Republic

EENI- School of International Business

Subject (Course): Foreign trade and business in the Central African Republic (CAR). Bangui.

Syllabus:

  1. Introduction to the Central African Republic (Central Africa).
  2. Doing Business in Bangui.
  3. The Economy of the Central African Republic (CAR).
  4. International Trade
  5. Case Study:
      - Transport
      - Telecommunications
      - Kamach Group
  6. Introduction to French
  7. Access to the Central African Market
  8. Business Plan for the Central African Republic

Aims of the subject “Foreign Trade and Doing Business in the Central African Republic”:

  1. To analyse the Central African economy and foreign trade
  2. To evaluate business opportunities in the Central African Republic
  3. To explore the Central African Republic's trade relations with the student's country
  4. To know Central African Republic's Free Trade Agreements (FTAs)
  5. To examine the profile of Central African Companies
  6. To develop a business plan for the Central African Market
Subject “Doing Business in the Central African Republic” is studied...
  1. Professional Master's Program in African Business
  2. Doctorate in Business in Africa
  3. Course (e-learning): Central Africa

Learning materials in English (French Centrafricaine Spanish Centroafricana)

  1. Credits of the subject “Foreign Trade and Doing Business in the Central African Republic”: 1 ECTS Credits
  2. Duration: one week

Lagos-Mombasa Trans-African Corridor

We Trust in Africa

Subject Description: International Trade and Business in the Central African Republic

The Central African Republic: a country in economic transition.

  1. The Central African Republic (Africa) reached the limit of the Heavily Indebted Poor Countries Initiative.
  2. Poverty is a real phenomenon in the Central African Republic: 67% of the population (2,618,000 people) lives below the poverty line.
  3. The main cities in the Central African Republic are Bangui, Bimbo, Berberati, Carnot, and Bambari Bouar
  4. The official languages of the Central African Republic are French and Sango
  5. Population: 3,895,139
  6. Area: 623,000 square kilometres
  7. Independence of the Central African Republic: 1960 (France)
  8. Neighbouring countries Sudan, South Sudan, Chad, Cameroon, the Republic of the Congo, and the Democratic Republic of the Congo.

Religion in the Central African Republic.

  1. Christianity: Catholicism (0.9 million) and Protestants (0.9 million).
  2. Islam

The Central African Republic belongs to the Central African Economic Area of the African Civilisation.

The economy of the Central African Republic.

  1. Serious political crisis: Transition Framework (self-proclaimed President)
  2. GDP growth (2014): -34.2%. 2015: 1.5%
    - Primary sector: 50% of GDP
    - Secondary sector: 20%
    - Tertiary sector: 30%
  3. The inflation: 6.5%
  4. Currency: CFA
  5. Most dynamic sector: new technologies
  6. Mining potential: diamonds, gold, uranium, iron, and petrol
  7. Agriculture accounts for 55% of GDP in the Central African Republic.
  8. The main crops are cassava, plantain, maize (corn), coffee, cotton, and snuff.
  9. The Northwest and the centre of the Central African Republic represent a significant agricultural region for crops of cotton and sugar-cane.
  10. Forestry in the Central African Republic contributes significantly to the gross domestic product, with extensive tropical timber resources.
  11. Mining (gold represents another important resource of the Central African Republic regarding export earnings: official diamond jewellery production (mostly artisanal) was 500,000 carats annually.
  12. The industrial base is almost nonexistent and has not been sufficiently developed in comparison with neighbouring countries (such as Cameroon).h as Cameroon).

The nearest ports:

  1. Port of Douala (Cameroon)
  2. Port of Pointe Noire (Congo)

Trans-African corridors:

  1. Lagos-Mombasa Corridor
  2. Tripoli-Windhoek

Economic and Monetary Community of Central Africa (CEMAC)

Trade Agreements and Preferential Access of the Central African Republic:

  1. Economic Community of Central African States (ECCAS)
  2. Economic and Monetary Community of Central Africa (CEMAC)
  3. Community of Sahel-Saharan States (CEN-SAD)
  4. Generalised System of Preferences (GSP)
  5. Cotonou Agreement
  6. African Growth and Opportunity Act (AGOA)

The Central African Republic is a member of:

  1. International Conference on the Great Lakes Region
  2. Forum on Sino-African Cooperation
  3. New Partnership for Africa's Development (NEPAD)
  4. Organisation for the Harmonisation of Business Law in Africa (OHADA)
  5. Afro-Arab cooperation
  6. Arab Bank for Economic Development in Africa (BADEA)
  7. Forum Africa (CAR)-India
  8. African Development Bank
  9. Economic Commission for Africa (ECA)
  10. African Union (AU)
  11. Africa (CAR)-South America
  12. Africa (CAR)-BRICS
  13. International Organisation of Francophonie

❮ Samples - the Central African Republic ❯

Economic Community of Central African States (ECCAS)

Economic Community of Central African States

Tripoli-Windhoek Corridor (Trans-African Highway)

Community of Sahel-Saharan States (CEN-SAD)



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