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African Development Bank Launches $113M CAR Reconstruction Programme

The Central African Republic (CAR) and the African Development Bank Group have launched the second phase of the Support Programme […]

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The Central African Republic (CAR) and the African Development Bank Group have launched the second phase of the Support Programme for Reconstruction of Grassroots Communities (PARCB‑2), a major initiative aimed at promoting social cohesion, economic revival, and improved living conditions in the country. The programme, valued at $113 million, was officially inaugurated on 22 October 2025 when CAR President Faustin Archange Touadéra laid the foundation stone for a teaching building at the Faculty of Economics and Management of the University of Bangui.

PARCB‑2 is a collaborative effort between the CAR government and the African Development Bank Group to invest in human capital and sustainable reconstruction. According to Boye Kissagne, Country Programme Manager for the Bank, the initiative will leverage the country’s young population to drive growth and development. It will focus on building institutional capacity in the agriculture and livestock sectors, as well as in crafts and the mining industry, and will provide employment and entrepreneurship opportunities. A special emphasis is placed on vocational training for approximately 5,000 unemployed youths aged 15 to 25.

The programme is expected to benefit around 800,000 people living in the target regions, with women comprising 51 % of beneficiaries. An additional $8 million climate‑finance envelope will be dedicated to strengthening community resilience and adaptation to climate change. The launch of PARCB‑2 reaffirms the African Development Bank’s commitment to supporting the Central African Republic’s path to stability, resilience, and inclusive development, and is poised to have a positive impact on the country’s economic and social landscape.

Ifunanya

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