Chad: $16.4 billion in commitments to propel the “Chad Connection 2030” plan

Chad has taken a major step forward in its development strategy. Following the international financing roundtable “Chad Connection 2030,” held in Abu Dhabi and concluded on November 11, 2025, President Mahamat Idriss Déby Itno announced investment pledges totaling $16.4 billion. These commitments come from public and private investors, both domestic and foreign, attracted by the ambitious vision of the country’s new five-year development plan.

Among the main contributors are the World Bank and the Islamic Development Bank (IsDB), two strategic partners of Chad.

The IsDB confirmed financial support of $650 million for priority projects, along with a $200 million guarantee to support investments and trade. For its part, the World Bank committed to mobilizing $2.5 billion to support the plan’s implementation.

In total, 40 agreements and memorandums of understanding (MoUs) were signed worth $4.1 billion, marking the concrete beginning of renewed cooperation between N’Djamena and its international partners.

The private sector is also involved. The industrial group Arise, already present in Chad, announced the expansion of its activities with the construction of industrial zones in Sarh and N’Djamena, as well as the establishment of a textile factory dedicated to local processing of Chadian cotton.

This initiative aligns with the government’s vision of promoting value addition from national resources.

The “Chad Connection 2030” plan aims to ultimately mobilize $30 billion to finance 268 development projects and structural reforms across various sectors: infrastructure, agriculture, energy, education, health, and industrialization.

 For the first year of implementation (2025), expected financing amounts to $20.5 billion.

This economic transformation program aims to boost GDP growth by 60% by 2030, with an average annual growth rate of 10%.

It symbolizes the determination of Chad to move beyond dependence on oil resources and build a diversified, inclusive, and sustainable economy.

With these new commitments, Chad enters an era of confidence and modernization, where investment becomes the engine of development and economic sovereignty.

Claudel ZANOU

Posts Grid

 Champions League Quarter-Final/ PSG take commanding lead over Liverpool

PARIS — Paris Saint-Germain seized control of their Champions League tie with a 2-0 victory over Liverpool at Parc des Princes on Wednesday night. Desire Doue...

AFCON 2025: “I’ve been waiting for this moment for so long” Hakimi’s bittersweet crown

"Even if we win the AFCON title this way, we will accept it… I have been waiting for this moment for so long." When Achraf...

2026 World Cup Qualifiers: Italy’s World Cup Nightmare continues in Bosnia defeat

The failure  of Italy to reach the World Cup has become a haunting pattern. The four-time champions crashed out in the intercontinental playoff final on...

Football/ CAF General Secretary resigns amid AFCON fallout

Veron Mosengo-Omba has stepped down as general secretary of the Confederation of African Football (CAF), exiting at a moment of deep turbulence for African football....

CAF / Patrice Motsepe: Three years of disastrous management that are killing African football?

Since his controversial election as CAF president in March 2021, South African Patrice Motsepe has faced mounting criticism over decisions seen as plunging African football...

Football/ AFCON 2025: Senegalese fans’ verdict delayed again in Morocco

The legal ordeal for the Senegalese supporters detained in Morocco following the 2025 Africa Cup of Nations (AFCON) final has taken a new turn. Hopes...

Leave a Reply

Your email address will not be published. Required fields are marked *