BANGUI, September 26, 2025 - After two years of weak growth, the Central African Republic is experiencing a moderate recovery, with growth estimated at 1.5% in 2024, according to a recent World Bank report. This improvement is mainly due to stable agricultural production, progress in agribusiness, and the continued performance of tertiary activities, supported by an improvement in energy supply at the end of 2024.
However, the eighth edition of the Central African Republic Economic Update notes a high degree of uncertainty and risks that could affect growth in the future, such as fuel shortages, high energy costs, fragile security, the upcoming elections, and tightening of financial markets.
According to the report, the Central African Republic is expected to experience positive economic growth in 2025, with an estimated growth rate of 2.7% - and could double by 2027, if the authorities continue to implement reforms and make the necessary investments to accelerate progress in energy supply, agribusiness development, and promotion of private services.
"There is an urgent need to pursue resource mobilization, particularly through better taxation of the fuel and mining sectors, as well as modernization of the tax system for taxpayers through the E-tax project," said Guido Rurangwa, World Bank Resident Representative for the Central African Republic.
The report highlights the importance of the country's multidimensional wealth encompassing natural, produced, and human capital, and proposes strategies to harness it for sustainable and inclusive growth.
"The Central African Republic could maximize its total wealth by better developing its resources, ecotourism, improving its agriculture, and ensuring optimal grazing land management, while ensuring the protection of key ecosystems," said Robert Utz, Lead Economist at the World Bank.