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

Football: 2026 Ballon D’Or/ Messi should win it according to Beckham

David Beckham believes Lionel Messi deserves this year's Ballon d'Or, calling the 39-year-old Argentina great unmatched at his age. Messi scored his 100th goal for...

Kenya: How Nairobi secured the 2029 World Athletics championships

Kenya has secured the right to host the 2029 World Athletics Championships in Nairobi. The decision will make the Kenyan capital the first African city...

Seko Fofana Bids Farewell to the Elephants

First, Seko Fofana has announced his retirement from international football with Côte d’Ivoire. The 31-year-old midfielder confirmed his decision on Monday after nearly a decade...

Olympic flame reaches Senegal ahead of historic African games

The Olympic flame arrived in Dakar on Saturday, greeted by music and dance as Senegal prepares to host the first Olympic Games ever held on...

Women’s Africa Cup of Nations/ Bihina the hero as Cameroon stun Morocco on penalties to reach final

Cameroon goalkeeper Michaely Bihina produced a heroic performance to knock host nation Morocco out of the Women's Africa Cup of Nations, securing a 3-1 penalty...

Former NFL linebacker deported to Kenya after decade of legal troubles

US immigration authorities have deported Daniel Adongo, a 37-year-old former Indianapolis Colts linebacker, following years of legal troubles and visa violations. ICE confirmed Adongo overstayed...

Leave a Reply

Your email address will not be published.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