News Finances

Chad Pitches ‘2030’ Plan, Seeking $30 Billion to Lift Millions From Poverty

Chad Pitches ‘2030’ Plan, Seeking $30 Billion to Lift Millions From Poverty
Tuesday, 11 November 2025 04:46
  • Chad unveils  $30B "Chad Connection 2030" plan to cut poverty, boost growth
  • Strategy includes 268 projects across infrastructure, social, and economic sectors
  • Aims for 60% GDP growth, 80% internet coverage, and energy-water expansion by 2030

Chad unveiled its "Chad Connection 2030" development plan to international investors and financial institutions on November 10, 2025, during the Chad-United Arab Emirates Trade and Investment Forum held in Abu Dhabi. The event offered N’Djamena a platform to present its ambitious national strategy aimed at accelerating economic transformation and social progress.

Through this plan, Chad seeks to mobilize $30 billion (around 18,000 billion XAF) to lift 2.5 million people out of poverty. The investment roadmap includes 268 development projects and reforms, averaging about $112 million per project.

Chad is not offering you an adventure, but a strategic and mutually beneficial partnership. We are not just offering resources, but a leading position in the economic transformation of a nation,” President Mahamat Idriss Déby Itno told investors.

Chad Connection 2030 is built around four main pillars encompassing thirteen programs. The first focuses on infrastructure, with investments in water, energy, digital technology, and transport to drive growth. The second targets social development, strengthening health, education, and employment to build human capital. The third promotes economic and industrial diversification to reduce dependence on oil. The final pillar aims to improve the business climate through reforms that secure investments and modernize tax and labor regulations.

The plan’s macroeconomic framework projects a 60% rise in GDP by 2030, with annual real growth reaching 10%. Economic expansion over the 2025-2030 period is expected to come from both the oil and non-oil sectors. Chad intends to reduce its reliance on petroleum by doubling agricultural productivity and developing an export-oriented livestock industry.

N’Djamena also plans to increase the mining sector’s share of GDP to 5% by 2030. In energy and water, the country aims to provide drinking water to 11 million more people and raise the electrification rate to 60% nationwide and 90% in urban areas within five years, mainly by harnessing solar energy. Digitally, the government targets 80% internet coverage by 2030.

Chamberline Moko

On the same topic
Morocco forecasts economic growth rising to 5.6% in 2026 Outlook driven by agriculture rebound and resilient non-farm activity Inflation...
Equity Group reports 75.5 billion shillings profit, up 55% Growth driven by regional subsidiaries and digital banking expansion Board raises...
Tanzania’s central bank has taken a stake in Africa Finance Corporation The move gives access to long-term infrastructure financing and technical...
BOA Senegal net profit rises 10.1% to 21.9bn CFA francs Growth driven by higher banking income and controlled loan losses Bank maintains dividend as...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
04

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
05

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
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.