Ahmad 
The representative of the World Bank in Chad, Rasit Bertif, and the Chadian Minister of Finance and Economy, Tahar Hamid Nguelin, signed a financing agreement for the Productive Social Networks project.
This signing came after the project was approved on June 21, 2024, which includes $100 million in financing by the International Development Association, in addition to an additional $20 million in support from the Multi-Donor Trust Fund for the Adaptive Social Protection Program in the Sahel.
Bertif emphasized that the project aims to increase access to social networks for poor and vulnerable populations in Chad, in addition to supporting refugees and strengthening the country’s social protection system.
After the signing, the Chadian Minister of Finance expressed his gratitude to the World Bank for their continued support to Chad, stressing the government’s commitment to ensuring the successful progress of the project and taking a set of integrated productive measures over a period of three years.
This project is expected to benefit about 781,200 people suffering from poverty and climate shocks, including 12,090 refugee families.
The project covers the following states: Ennedi East, Kanem, Logone East, Mayo-Kebbi West, Ouadaye, Salamat, Sila, and Fira Valley.
Morocco is among the top ten in the world in attracting financing for renewable energy projects