Central African Republic: Investing

FDI in Figures

Between 2005 and 2007, investment projects increased in the mining sector; however, the global economic crisis and the lack of legal protection have considerably held back investors. It is expected that the next decade will be less productive in terms of foreign investments.

The country has abundant natural resources (diamonds, gold, uranium, timber), which are largely unexploited; however, there are several factors that limit the country's appeal: insufficient infrastructures, shortage of qualified workforce, political instability and insecurity are some of these.

The wood and diamonds sectors attract most of the FDI and France and Japan are the two main investor countries.

	Central African Republic	Sub-Saharan Africa	الولايات المتحدة	Germany
Index of Investor Protection	4.0	4.4	8.3	5.0

Source: Doing Business

Note: The Greater the Index, the Higher the Level of Investor Protection.

Foreign Direct Investment	2008	2009	2010
FDI Inward Flow (million USD)	117	42	72
FDI Stock (million USD)	254.4	296.7	368.7
FDI Inwards (in % of GFCF****)	57.5	14.1	-
FDI Stock (in % of GDP)	12.6	14.8	-

Source: UNCTAD - Last Available Data

Note: * The UNCTAD Inward FDI Performance Index is Based on a Ratio of the Country's Share in Global FDI Inflows and its Share in Global GDP. ** The UNCTAD Inward FDI Potential Index is Based on 12 Economic and Structural Variables Such as GDP, Foreign Trade, FDI, Infrastructures, Energy Use, R&D, Education, Country Risk. *** Green Field Investments Are a Form of Foreign Direct Investment Where a Parent Company Starts a New Venture in a Foreign Country By Constructing New Operational Facilities From the Ground Up. **** Gross Fixed Capital Formation (GFCF) Measures the Value of Additions to Fixed Assets Purchased By Business, Government and Households Less Disposals of Fixed Assets Sold Off or Scrapped.

Tax Rates

VAT: 19%
Company Tax: 30%
Bilateral Agreement: Central African Republic and Egypt are not bound by a Double Taxation Agreement.
Social Security Contributions Paid By Employers: 15.8%

Investment Opportunities

Tenders, Projects and Public Procurement: Tradeinvest Africa, Tenders in Africa
African Tenders
DgMarket, Tenders Worldwide
Setting Up a Company: Consult Doing Business Website, to know about procedures to start a Business in Central African Republic.
Useful Resources: Economic Developments and Prospects in Central African Republic - African Economic Outlook
Egyptian Embassy in Central Africa
INTERSECSSION AVENUE LEOPOLD SEDAR SENGHOR
BANGUI
Phone: (00236) 614688- 614141
Fax: (00236) 613545
Contact the Embassy via Email.
Embassy of Central African Republic Egypt
49 Gezirat El-Arab
Mohandessin
Cairo, Egypt
Phone: (+20) 2 344 5942
Fax: (+20) 2 344 5942
Contact the Embassy via Email

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