Chad has adopted a new 2025-2030 strategic plan for its oil sector aimed at raising crude production to 250,000 barrels per day, according to local media reports on October 31. The target represents a roughly 69% increase from the current output of around 140,000 barrels per day.
To reach that goal, the plan prioritizes expanded exploration and production activity in the upstream segment, along with investment in refining and distribution capacity downstream. It also calls for upgrades to midstream infrastructure, including logistics, storage depots, and pipelines, while emphasizing stronger governance and local content to capture more value from the national oil chain. The roadmap outlines legal and institutional reforms intended to ensure transparency and operational efficiency.
The shift reflects the central role of hydrocarbons in Chad’s economy. According to 2024 data from credit rating agency Moody’s, oil accounts for about 60% of the country’s export revenue. Yet production has fallen, averaging 144,000 barrels per day in 2024 and dropping to 137,000 between January and May 2025, Energy Intelligence said in an August 2025 country report. The decline was attributed to weak investment and aging infrastructure.
Faced with these challenges, the government is seeking to leverage its oil resources better to support growth. The African Development Bank projects that Chad’s economy will expand by 5.3% in 2025, up from 5.2% in 2024, driven largely by renewed activity in the petroleum sector.
Abdel-Latif Boureima
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
On November 13, 2025, the U.S. government reopened after a 43-day shutdown, the longest in its history. The move was met with relief by agricultural...
In the Gulf of Guinea, oil producers have steadily multiplied. Nigeria paved the way, followed by Niger, Ghana and, more recently, Côte d’Ivoire. Benin,...
SENELEC to electrify 6,471 villages by 2029 $724 million programme backed by World Bank support Senegal targets universal access, expanding gas and...
Most food traded within West Africa moves by truck and largely escapes official records, highlighting both the scale of informal cross-border commerce and...
While Afrobeat has evolved into what is now known as Afrobeats, there is little dispute that the movement was pioneered by Fela Kuti. A musical genius and...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...