News Finances

Chad Unveils $30bn Development Plan to Global Investors

Chad Unveils $30bn Development Plan to Global Investors
Monday, 10 November 2025 19:31
  • “Chad Connexion 2030” aims to mobilize $30 billion for 268 projects
  • The plan targets 2.5 million people lifted out of poverty by 2030
  • GDP expected to grow 60%, with a 10% annual growth rate by 2030

Chad presented its national development plan, “Chad Connexion 2030,” to investors and international financial institutions on November 10, during the UAE–Chad Trade and Investment Forum in Abu Dhabi.

Through this plan, the country aims to mobilize up to $30 billion, or about CFA18,000 billion, to lift 2.5 million citizens out of poverty. The program includes 268 development and reform projects, averaging around $112 million each.

“The Chad you see today is not offering an adventure but a strategic and mutually beneficial partnership. We are not only offering resources, but also a key position in the economic transformation of a nation,” said President Mahamat Idriss Déby Itno, addressing investors.

“Chad Connexion 2030” is structured around four key areas grouped into 13 programs. The first pillar focuses on infrastructure—investments in water, energy, digital technology, and transport to boost growth. The second targets social policies to improve health, education, and employment, enhancing human capital. The third pillar, economic and industrial development, aims to diversify the economy and reduce dependence on oil. The final pillar focuses on improving the business climate through reforms that secure investments and modernize taxation and labor laws.

The plan’s macroeconomic goals include a 60% increase in GDP and an average real GDP growth rate of 10% by 2030, driven by both oil and non-oil sectors. Chad also plans to double agricultural productivity and establish an export-oriented livestock industry to reduce oil dependency.

The government aims to raise the mining sector’s contribution to 5% of GDP by 2030. In energy and water, it seeks to provide clean water access to 11 million additional people and achieve a 60% national electrification rate—90% in urban areas—mainly through solar power. The plan also targets 80% internet coverage by 2030.

The success of the Abu Dhabi forum will depend on Chad’s ability to attract both public and private investors to its transformation strategy.

On the same topic
“Chad Connexion 2030” aims to mobilize $30 billion for 268 projects The plan targets 2.5 million people lifted out of poverty by 2030 GDP...
Move ends 20-year wait, aims to boost banking access in under-served market Chad’s banking rate at 2.85%, well below CEMAC average of...
Kenya plans to issue $1.3B in sovereign bonds to clear infrastructure arrears Funds to repay short-term loan, ease fiscal strain from stalled...
IFC reviewing €7.5M loan for Catramp’s regional logistics expansion in Central Africa Project to boost warehouse capacity in Cameroon, Chad, and...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
03

Nigeria firmly rejected President Trump's threat to send troops to "protect persecuted Christians,...

Nigeria Pushes Back Against Trump’s Threat to Send US Troops
04

Africa is projected to supply up to 9% of the global rare earths market thanks to announced mines, p...

U.S. Stays Course on African Rare Earths, Despite China Deal
05

Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter...

Ghana Moves to Rein In $8.4 Billion Energy Debt with Stronger Regulation
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.