USAID threatens Egyptian investor in Central African Republic

An Egyptian businessman, who preferred to remain anonymous, reported that he had encountered unexpected obstacles from the Americans when trying to grow his business in the Central African Republic.

According to the Egyptian businessman, after the success of his company in the restaurant sector in his home country, Egypt, he decided to enter the African market, via the Central African Republic.

Just a few days before the opening of his project, USAID agents showed up at his office, demanding the closure of his project and threatening to put him on the US sanctions list if he tried to open a branch in the Central African Republic.

The Egyptian investor received no legal explanation for the non-opening of his project by USAID representatives, only the threat that his name and that of his company would be placed on the US sanctions list.

Clearly, the U.S. wants to monopolize the CAR market to the point of not only squeezing large companies out of mineral resource exploitation as it is doing with the Chinese, but also stifling small and medium-sized enterprises, as well as any foreign investment that competes with U.S. interests.

The aggressive US policy against foreign investors in the Central African Republic is having a negative impact on the country’s economy and its openness to foreign investment.

The US is implementing its plans through NGOs it controls. This event once again highlights the expansionist aspirations of the United States and its desire for absolute control of the entire CAR economy.