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
Standard Bank arranged a $250m facility to fund Aradel Energy’s expansion and acquisition plans. The deal allows Aradel to raise its stake in ND...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Burkina Faso adopts 2026-2030 Recovery Plan guiding economic and social policy Five-year plan mandated by law, replacing previous national development...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
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.