Lets take a look at the different Industries that are thriving in the Central African Republic…
Agriculture in the Central African Republic is conquered by the cultivation and sale of various food crops such as cassava, peanuts, maize, sorghum, millet, sesame, and plantain. Manufacturing industry accounts for 21, 4% of GDP: mines – gold and diamonds, agro-food, tobacco aluminium, construction & civil engineering.
Banking in the Central African Republic
Banks in the Central African Republic (CAR) distribute the CFA franc, which is recognised and supported in a number of diverse countries. CAR is a member of the Organisation for the Harmonization of Business Law in Africa (OHADA).
Mining in the Central African Republic
The mining sector produces a significant amount of diamonds and is the region’s most vital export, accounting for 40–55% of export profits. The Central African Republic’s mineral resource products include copper, diamond, gold, graphite, ilmenite, iron ore, kaolin, kyanite, lignite, limestone, manganese, monazite, quartz, rutile, salt, tin, and uranium.
Engineering in the Central African Republic
The Central African Republic primarily uses hydroelectricity. With so much potential, the energy sector in the Central African Republic is constantly growing and developing. Infrastructure projects such as the development of road infrastructures in order to open up the country whose access to the seaside is possible only through two ways: the road and the river-borne transport.
Oil & Gas in the Central African Republic
Oil production in the Central African Republic depends on the connection of a pipeline from Chad to Douala, Cameroon. Former drilling efforts have concluded in no signs of oil however, the government is certain that there is oil in the country and objects to re-launch the petroleum exploration campaign in the country. The oil industry is controlled by the Ministry of Energy, Mines, Geology and Water Resources.