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COUNTRY PROFILE / CENTRAL AFRICAN REPUBLIC

COUNTRY PRESENTATION

Continent: Africa

Official name: Central African Republic

Nature of regime: Semi-presidential

Head of Federal State: J Faustin Archange TOUADERA

Area: 623,000 km2

Currency: CFA franc

Population (2021): 4.9 million inhabitants

Capital: Bangui (889,000 inhabitants)

Main towns: Bimbo, Berbérati, Carnot, Bambari, Bouar, Bria, Bossangoa, Nola, Bangassou

Official languages: French and Sango

ASSESSMENT OF BILATERAL COOPERATION

Agreements and Conventions

Cote d’Ivoire and the Central African Republic have virtually no agreements apart from this:

  • Treaty of Amity and Cooperation, signed on March 8, 1971;
  • An Air Transport Cooperation Agreement between the two countries was initialed on August 11, 2004 and has been awaiting signature ever since.

The two (02) countries have agreed not to require entry visas for their nationals.

In March 2007, the National Office for Technical Studies and Development (BNETD) and the Central African authorities signed an advisory and technical assistance agreement. Through this convention, Cote d’Ivoire should contribute to the reconstruction and development of this country.

In addition, the Government of the Central African Republic has undertaken to establish and maintain a framework for exchanges and consultation with BNETD. Thus, the BNETD was asked for the realization of economic infrastructures as well as for the elaboration of the master plan of development and urbanism of the city of Bangui.

TRADE

A. The main products exported are: textiles and footwear, plastics, paper, cardboard and publishing products, precision and optical devices and mechanical and electrical appliances

B. The main imported products are : almost non-existent. Imported goods are other consumer goods.

TRADE FLOWS COTE D’IVOIRE - CENTRAFRIQUE

Trade flows Cote d’Ivoire-Central African Republic (Value in millions of CFAF)

Years

2018

2019

2020

2021

2022

Exports

3063

3349

3 625

2562

4600

Imports

2

49

1

2

1

Trade balance

3061

3300

3624

2560

599

Global bilateral exchanges

3065

3398

 3626

2564

4601

 

 Sources : DGE-DPPSE

image 216

Sources : (General Directorate of Economy) DGE-DPCEI (Department of Promotion and International Economic Cooperation)

  • The value of bilateral trade reached 4.601 billion of CFAF in 2022, compared to 2.564 billion of CFAF in 2021.
  • Over the period 2018-2022, the average value of Ivorian exports is estimated at 3.339 billion of CFAF / year against 11 billion of CFAF / year for imports.
  • Over the period 2018-2022, the trade balance is in surplus for Cote d’Ivoire.