Abu Dhabi, UAE, 10 November 2025 – In a strategic meeting during the UAE-Chad Investment and Trade Forum, H.E. President Marshal Mahamat Idriss Déby Itno of Chad met with H.E. Dr. Muhammad Al Jasser, Chairman of the Islamic Development Bank (IsDB) Group, to deepen bilateral cooperation and accelerate Chad’s ambitious development agenda.

The discussion centered on aligning IsDB’s support with Chad Connexion 2030, the nation’s bold $30 billion development blueprint designed to transform Chad’s economy through 268 multisectoral projects by 2030.

Dr. Al Jasser announced the IsDB Group’s commitment to mobilize US$650 million in new financing for Chad during the 2026-2030 period, specifically directed toward priority development projects that stimulate growth and attract investment. Additionally, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) will provide US$200 million in insurance coverage to mitigate investment risks.

“The IsDB Group stands ready to support Chad’s development path, particularly in education, health, and transportation sectors,” stated Dr. Al Jasser, commending Chad’s commitment to economic diversification and inclusive, sustainable development, aimed at enhancing progress and improving the well-being of its citizens.

As a full member of the IsDB Group, Chad has already benefitted from US$1.1 billion in cumulative financing across various development sectors, including project financing, private sector development, trade facilitation, and business insurance.