Islamic Financing to Make a Contribution to Chad’s Industrial Masterplan

Following validation on the 6th of March, 2020, the Republic of Chad (Chad) announced its first ever Industrialization and Economic Diversification Masterplan, as reported by the United Nations Economic Commission for Africa (ECA).

The objective of this Masterplan is to boost the country’s economic growth rate to 8.0% by 2030 from 2.4% in 2019 (as stated by the African Development Bank Group).

Adama Coulibaly, Head of the Sub-Regional Initiatives Section of ECA’s Sub-Regional Office for Central Africa (SROCA), stated that the Masterplan aimed to ‘’broaden and transform the base of industrial production and provide economic defences for sustainable and inclus...