Chad positions itself as a country of opportunities, particularly in the energy sector. Chad is a vast country strategically located between North Africa and Sub-Saharan Africa. With an area of 1,284,000 km², it is the fifth-largest country in Central Africa and the fourth-largest economic power among ECCAS countries.

The Chadian economy heavily relies on oil production, which started in 2003 and has allowed the country to experience an average annual growth rate of 13.7%. The primary sector, excluding oil, mainly involves livestock, the country’s second export commodity, but also includes the cultivation of cereals, cotton, sesame, and the collection of gum arabic, bringing together value chains with strong development potential in Chad.

Chad emerges as a preferred investment destination for several reasons:

  1. Abundant natural resources:
    Regarding oil, Chad ranks as the tenth African country in terms of reserves, with 1.5 billion barrels in 2018 and a production of 140,000 barrels per day in 2020. The country thus possesses vast reserves of crude oil that are not yet fully exploited. With the right technology and appropriate financing, this oil could be extracted and marketed, generating enormous economic benefits for the country and investors.
  2. Renewable energies:
    Chad’s solar potential is immense. With over 300 days of sunshine per year, the country offers significant opportunities for the development of solar energy, meeting the increasing demand for electricity among households. Lake Chad is also a major hydrographic feature, and Emi Koussi, an extinct volcano, is the highest point at 3,415 meters.
  3. Geographical location:
    Located at the heart of Africa, Chad could serve as an energy hub, supplying energy not only to its immediate neighbors but also to other countries in the region.
  4. Political will:
    The Chadian government has demonstrated its commitment to reforms aimed at attracting more investment in the energy sector. This, coupled with favorable legislation, creates a conducive environment for investors, especially as the highest authorities have achieved energy independence.
  5. Developing infrastructure:
    Ongoing infrastructure projects in Chad, such as roads, pipelines, and storage facilities, will significantly improve logistics within the energy sector.

Chad, with its untapped potential, represents a unique opportunity for visionary investors looking to enter an emerging market early. The combination of natural resources, a strategic geographic location, and a committed government, makes Chad an ideal candidate for investment in the energy sector. As the world strives to meet the increasing demand for energy, Chad is ready to play a central role in the African energy dynamics.