Chapter 06 · Immediate Next Steps

The path to ground-breaking

Seven steps, in order of priority, take the project from foundational MOUs to a bankable, financed, incorporated venture.

06
1

Sign the anchor offtake agreements

Convert the offtake pipeline into binding commitments, led by the Grands Moulins de Dakar LOI (a tranche-1 closing condition), with Patisen, SOBOA, SEDIMA, and regional pharmaceutical buyers behind it. Offtake anchors the entire financing plan.

Priority One
2

Secure definitive land tenure

Complete the 2-hectare Sandiara SEZ factory site and the 500-hectare nucleus farm lease (15-year renewable term), working through APIX and ministries.

3

Run the paid pilot season & formalise the outgrower programme

A 100-hectare pilot must deliver at least 1,500 tonnes of roots at $85/t or less before major capex releases, alongside floor-price contracts, input packages, and target hectarage with the cassava farmers’ association.

4

Commission bankable feasibility studies

Agronomic study for the nucleus farm and outgrower zone; per-facility technical studies; DEEC environmental assessment; integrated master plan.

5

Formalise the PPP submission

Private-initiative submission under Senegal’s 2021 PPP Act.

6

Open structured DFI discussions

Two to three DFIs (BOAD, AfDB, Afreximbank, IFC) and export-credit channels in parallel — signed anchor offtake makes every conversation materially easier.

7

Establish BIFA Senegal SA

Incorporate the holding entity and its governance framework with founding shareholders.

Engineers in hard hats reviewing plans on a cleared greenfield industrial site

Concept imagery · From MOU to ground-breaking

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