Ownership Structure
One holding, four
One holding, four
project companies
Denzel Logistics LimitedPromoter · Majority shareholder
Government of SenegalPublic partner · Land, SEZ & permits
BIFA Senegal SAHolding · Site & shared infrastructure
Starch CoCassavaDenzel majority
Rice CoMillingDenzel majority
Fish CoCanningDenzel majority
Soda CoChlor-alkaliDenzel majority
Distinct project companies, Denzel Logistics majority in each; Senegalese institutional and private co-investment provided for under the PPP Act’s national-operator provisions.
Government of Senegal
The public side
- Land — Sandiara SEZ factory site plus the 500-ha nucleus farm lease, converting to definitive long-term tenure
- Special Economic Zone fiscal status for the Tivaouane site
- Utility connections to the site boundary
- APIX fast-track permitting
- Outgrower policy support; equity participation open to negotiation
Denzel Logistics & Co-investors
The private side
- Majority equity and development capital
- Logistics and supply-chain expertise
- Development finance institutions, BOAD, AfDB, Afreximbank, IFC
- Strategic offtakers and commercial lenders
- 2021 PPP Act structure with international arbitration provisions
Concept imagery · A public–private partnership under Senegal’s 2021 PPP Act