Chad’s Economy and its Geographic Prison
May 13, 2020
May 13, 2020
KJ1. Chad is landlocked and it is a major problem for its economy.
KJ2. It is almost certain that the uneven ratio between Chad’s population and its geographic size isolates many communities from internal and external markets.
KJ3. There is a realistic probability that the diversification attempt will fail if the government does not attend to the problem of market accessibility.
KJ4. It is highly likely that Chad will find it difficult to attract investors because its markets are inaccessible.
Chad shares a border with Niger to the North West; with Nigeria and Cameroon to the south-west. The Central African Republic borders Chad to the south; Sudan to the East; and Libya to the North. Below are certain considerations for the success of Chad’s diversification attempts.
Chad wants to diversify its economy. It is working in collaboration with the Sub-Regional Office for Central Africa of the UN Economic Commission for Africa (ECA). It is a positive step in a positive direction. However, there are 2 main themes to consider:
Image: UNICEF / Tremeau (link)
Jesutimilehin Akamo is Grey Dynamics’ analyst focussing on Central Africa and a Pre-doctoral fellow at STRATFOR. Jesutimilehin is a trained Human Rights Field Officer and was awarded the Tana 2018 continental essay award.