CAR: WORSENING POLITICAL AND SECURITY SITUATION AFFECTS FOREIGN COMMERCIAL OPERATORS

CAR: WORSENING POLITICAL AND SECURITY SITUATION AFFECTS FOREIGN COMMERCIAL OPERATORS

   Fri, 21 April 2023

Amid an increase in armed violence in Central African Republic’s gold-producing regions since the start of the year, recent attacks on Chinese-operated mines – possibly by Russian state-sponsored mercenaries – indicate a growing threat to foreign operators. At the same time, despite the onset of a fiscal crisis, President Touadéra appears unwilling to separate his government from Russian paramilitary forces, which are engaged in increasing competition with rebel groups over the country’s mineral resources. As such, the outlook for political stability and security is marked by increasing uncertainty.



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