China provides Chad with 24 billion cfa francs in development funding
China injects over 24 billion CFA francs into Chad’s development projects
Chad has secured fresh financial backing from China, formalised through two grant agreements totalling 300 million yuan—equivalent to roughly 44 million dollars and exceeding 24 billion CFA francs—signed in N’Djamena on August 20. The funds are earmarked for infrastructure upgrades, social development initiatives, digital transformation and skills training across the country.
- politics
The new grants—one for 100 million yuan and another for 200 million yuan—were inked by Tahir Hamid Nguilin, State Minister of Finance, Budget, Economy, Planning and International Cooperation, and Wang Xining, China’s Ambassador to Chad. The Ministry of Finance stressed that these amounts are gifts, not loans, meaning Chad incurs no additional debt from these commitments.
The funds are also described as immediately accessible, allowing the government to fast-track projects across infrastructure, social welfare, digital innovation and vocational training. “Both grants are ready for immediate deployment,” Tahir Hamid Nguilin confirmed. He added that priority will be given to initiatives targeting vulnerable groups, especially young people and women.
From roads to digital highways
The scope of the funding spans multiple sectors. Ambassador Wang Xining highlighted that the Chinese support will bolster public infrastructure, social programmes and digital literacy while equipping local talent with market-ready skills. So far, no specific projects have been publicly linked to these allocations, nor has the breakdown of the 300 million yuan across sectors been disclosed. Concrete utilisation will become clear as individual projects are selected and launched—unlocking over 24 billion CFA francs without recourse to borrowing.
This latest pledge follows an earlier Chinese donation announced in early July. On July 7, Beijing and N’Djamena finalised a 2 million dollar grant—around 1.2 billion CFA francs—dedicated to flood prevention and disaster-response capacity. The timing underscores China’s stepped-up engagement in Chad’s resilience agenda after devastating floods in 2024 claimed 576 lives, displaced nearly 1.9 million people and wiped out 432,000 hectares of farmland, according to humanitarian records.