Rédaction Africa Links 24 with PIERRE TAHINGAM
Published on 2024-04-09 12:09:26
From March 25 to 27, 2024, Marie Laure Akin-Olugbade, Vice President in charge of Regional Development, Integration, and Service Delivery, stayed in Bangui.
This visit by the African Development Bank (BAD) official in the Central African Republic (CRA) aims to strengthen the alliance to combat fragility and promote sustainable development. She had working meetings with the President of the Republic, Faustin Archange Touadéra, Prime Minister Moloua, and key stakeholders and government officials. The Bank emphasizes that it remains committed to supporting the country’s Sustainable Development Goals.
Following the consultations, it emerges that the current partnership between the Bank and the Central African Republic revolves around two main pillars. Namely: “support for agricultural development and infrastructure for social inclusion, and the improvement of institutional capacity building and governance.” This framework aims to facilitate the country’s exit from fragility and lay the foundations for robust and inclusive economic growth. “I am proud to say that the Bank’s investments are not only financial, but they are true catalysts for progress and prosperity in the lives of the population in the Central African Republic,” noted Ms. Akin-Olugbade. She recalled that the portfolio reflected the Bank’s alignment with the country’s strategies, particularly in the areas of infrastructure, governance, and agriculture.
Prime Minister Moloua praised the fruitful cooperation with the Bank, highlighting its central role in advancing national goals. “The Bank’s support has been crucial in advancing our national development program and addressing major challenges, and we look forward to continuing our collaboration to further stimulate progress and prosperity in our nation,” he said.
The Bank also supports the multimodal transport corridor project that will connect Pointe-Noire, Brazzaville, Bangui, and N’Djamena, respectively the largest cities in Congo, Central African Republic, and Chad. One component of this project is the Brazzaville-Bangui river corridor initiative, worth $280 million, which will provide the landlocked countries of the CAR and Chad with a second maritime access to boost trade, promote job creation, and expand market access, thereby strengthening regional integration for over six million people across Central Africa.
Read the original article(French) on Journal de Bangui
