Chad has signed two major co-financing agreements with the OPEC Fund for International Development (OFID), totalling $31 million, aimed at strengthening the country’s energy and agricultural sectors.
The agreements include $15 million for Phase II of the Electricity Sector Support Project (PASET 2), which seeks to modernise energy infrastructure and increase solar power production in Moundou and N’Djamena.
An additional $16 million will support the Integrated Rice Development Project in the Chari-Logone Plain III (PDRICL 3), designed to improve rice productivity and enhance food security across several provinces.
The signing ceremony was led by Chad’s Minister of State, Tahir Hamid Nguilin, and attended by Dr Abdulhamid Alkhalifa, President of the OPEC Fund, alongside senior officials including Guibolo Fanga Mathieu, Minister of Commerce and Industry; Fatima Haram Acyl, Delegate Minister; Passalet Kanabé Marcelin, Minister of Energy and Water; and Saleh Ben Haliki, Director-General of TchadÉlec.
“These co-financing agreements reflect the renewed confidence of the OPEC Fund in Chad’s ‘Tchad Connexion 2030’ development plan,” Minister Nguilin said. “By focusing on energy and agriculture, we are positioning these sectors at the centre of our economic transformation and sustainable growth strategy.”
PASET 2 is expected to upgrade key energy infrastructure, expanding access to reliable electricity while fostering renewable energy solutions, particularly solar.
The project aligns with Chad’s broader push to modernise its power sector and reduce reliance on fossil fuels.
Meanwhile, the PDRICL 3 initiative will support farmers with improved seeds, irrigation systems, and training, targeting increased rice yields and strengthened food security.
By boosting agricultural productivity, the government aims to reduce dependence on imports and promote rural livelihoods.
The agreements mark a significant step in Chad’s long-term strategy to leverage international partnerships for sustainable development.
Officials emphasised that the projects will be implemented with transparency and efficiency to maximise benefits for communities across the country.
These investments underscore Chad’s commitment to economic diversification, combining energy modernisation with agricultural innovation to drive national growth and resilience.
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