Saturday, March 31, 2007

Central African Republic plans bond to build peace

(Reuters) - Central African Republic plans to issue a bond on a new regional bourse later this year to help raise funds to boost its ailing economy and curb insecurity, the country's prime minister told Reuters in an interview.

The former French colony, which languishes at the bottom of most development rankings, is notoriously unstable and while the government has pinned its hopes for growth on gold, diamonds and other minerals, there is little industrial extraction.


Read more at Reuters Africa

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