IBOV 205,082.56 ▲ 0.47% IPSA 10,746.36 ▼ 0.31% IPC MEX 69,678.08 ▼ 0.30% MERVAL 3,017,221 — — COLCAP 2,540.10 ▲ 0.46% BVL PERÚ 57,021.19 ▲ 0.13% USD/BRL4.97▼ 1.57% USD/MXN18.65▼ 0.34% USD/CLP994.76▲ 0.87% USD/COP3,145▼ 1.63% USD/PEN3.45▲ 0.29% USD/ARS1,529▲ 0.10% USD/UYU40.08▲ 2.99% USD/PYG5,760▲ 3.42% USD/BOB11.78▲ 3.59% USD/DOP61.09▲ 2.49% USD/CRC452.44▲ 2.51% USD/GTQ7.64▲ 3.15% USD/HNL26.87▲ 3.24% USD/NIO36.62▲ 2.68% USD/VES884.01▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 2.14% EUR/BRL5.56▼ 1.39% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 205,082.56 ▲ 0.47% IPSA 10,746.36 ▼ 0.31% IPC MEX 69,678.08 ▼ 0.30% MERVAL 3,017,221 — — COLCAP 2,540.10 ▲ 0.46% BVL PERÚ 57,021.19 ▲ 0.13% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Friday, October 23, 2026

Economy Africa

Indonesian Firm Plans US$10M African Plant

By · October 23, 2026 · 4 min read
Aerial view of the centre of Bangui, capital of the Central African Republic, with a roundabout and the Oubangui river
File photo: central Bangui. Photo: Alllexxxis, CC BY-SA 4.0, via Wikimedia Commons
Central African Republic · Trade · 23 October 2026

Key Facts

—What. Indonesia’s PT Asindo Tech plans a US$10 million facility in the Central African Republic.

RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

—Where announced. Trade Expo Indonesia, held 14 to 18 October 2026 in Tangerang near Jakarta.

—Scale. The embassy counted 19 agreements and about US$60 million in potential deals with Central African nations.

—Local report. Oubangui Médias, in Bangui, headlines the project as a cassava-processing plant.

—Not yet known. The site, the local partner, the financing and the start date.

An Indonesian company, PT Asindo Tech, plans to build a US$10 million facility in the Central African Republic, according to a statement from Indonesia’s embassy in Cameroon. The plan was one of 19 agreements reported after Trade Expo Indonesia 2026, where Indonesia estimated about US$60 million in potential deals with Cameroon and other Central African nations.

What Indonesia Announced

Indonesia’s embassy in Yaoundé brought 81 Central African delegates to the second Indonesia-Cameroon Business Forum on Friday 16 October 2026, according to Indonesia’s state news agency ANTARA. Of the 19 agreements, 11 were signed at the forum.

Lampung-based PT Asindo Tech will build a US$15 million tapioca and biogas plant in Diang, Cameroon, with Cameroonian company Nego Titans, ANTARA reported. The same report lists a US$10 million facility in the Central African Republic without describing it.

The Central African Republic Plant

Oubangui Médias, a news outlet in Bangui, reported on 23 October that an Indonesian group had announced US$10 million for a cassava-processing plant. We could not read the full article, so the details beyond its headline are unconfirmed.

Cassava is a starchy root that is a staple food across Central Africa, and tapioca is a processed form of it. Asindo’s Cameroon project uses the same crop, so a cassava plant would fit its work, but ANTARA does not say that.

The Wider Deal List

Asindo also won a US$8 million contract for a river-sand mining project on Cameroon’s Sanaga River. PT Sri Tani Internasional signed a US$5 million annual deal to market Nego Titans’ surplus tapioca.

PT Turrima Agro Mass agreed a US$15 million partnership with TMG Investment for an organic fertiliser plant in Cameroon. PT Ganiya Bogatama won an US$800,000 supply contract with Cameroon’s Aqua Conv for fish processing.

What It Means for US Readers

The sums are small, and the agreements are preliminary rather than financed projects. They show Indonesian mid-sized firms using trade fairs to look for business in Central Africa.

The Central African Republic is landlocked, so transport costs weigh on any factory there. Whether the plant is built will depend on financing, power and roads.

What Is Not Known

ANTARA does not describe the Central African facility, and we have not seen a statement from the government in Bangui. The site, the local partner, the financing and the start date have not been published.

It is also unclear whether the US$10 million is invested capital or the value of the deal. For the Cameroon plant, Cameroonian outlet Shango said the US$15 million was an agreement value, not money already paid.

Sources

ANTARA, 20 Oct 2026 · Oubangui Médias, 23 Oct 2026 · Indonesia Business Post · RRI, Trade Expo Indonesia 2026

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

More from Central Africa

Frequently Asked Questions

What did Indonesia announce for the Central African Republic?

Indonesia’s embassy said PT Asindo Tech plans a US$10 million facility in the country. A Bangui news outlet headlined it as a cassava-processing plant.

Where was the deal announced?

It came out of Trade Expo Indonesia, held 14 to 18 October 2026 in Tangerang, near Jakarta. The embassy in Yaoundé organised the Central African delegation.

How many deals were agreed?

The embassy said 19 agreements were reached, 11 of them signed at the Indonesia-Cameroon Business Forum on 16 October. It estimated about US$60 million in potential deals.

Is the plant already financed?

The reports do not say. The figures are described as potential deals, and no financing details have been published.

Africa Intelligence

One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio.

Yesterday’s subject line: “South Africa prints 6.6M extra ballots, vote Nov 4”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.