Thanks to an exceptional mobilization of international donors and the private sector, Chad has secured $20.5 billion in commitments, which represents two-thirds of the $30 billion needed to finance its “Chad Connection 2030” plan. A spectacular start for a program that aims to transform the country’s economy by 2030.
Chad surprised by securing a record amount of $20.5 billion in the first year of implementing its “Chad Connection 2030” plan. This massive commitment combines $16.4 billion in public financing and $4.1 billion in private investments, from 40 agreements signed with key players in strategic sectors: energy, agriculture, mining, textiles, tourism, education, and industrialization.
In total, 30 international donors—including the World Bank, the African Development Bank, the IDB, the BADEA, and Afreximbank—have formalized their support for the five-year program. A strong signal for the country’s attractiveness and an unequivocal indicator of confidence in the reforms initiated by the Chadian government.
These financial commitments consolidate a new dynamic in Chad’s economic trajectory. By mobilizing such resources in the first year, the country asserts its ability to structure large-scale projects, reassure international partners, and demonstrate the credibility of its transformation strategy. The announced amounts also reflect a major evolution: the increasing interest of private investors in industrial sectors and local value chains, which were previously unexplored. This dynamic could accelerate the diversification of the Chadian economy and reduce its dependence on hydrocarbons.
President Mahamat Idriss Déby Itno praised this exceptional mobilization:
“For its first year, our five-year plan will mobilize $20.5 billion, which suggests that the $30 billion target is achievable.”
“Chad Connection 2030” ultimately plans for 268 projects spread across 17 programs, aiming for a profound transformation of the Chadian economy: essential infrastructure, digitalization, industrial diversification, human capital strengthening, economic diplomacy, and modernized business climate.
With an ambitious goal of 8% average annual growth, the plan could allow Chad to join middle-income economies by 2030—a historic turning point supported by this extraordinary financial mobilization.
