The Gap
Botswana exports raw hides.
Value is captured outside the country.
LRG Holdings/Lobatse, Botswana/Phase 1 Structuring
Botswana Leather
Industrial Platform.
Structuring a private-sector led tanning and manufacturing export base in Lobatse, Botswana.
Led by LRG Holdings in coordination with SEZA and international manufacturing partners.
Engage With LRG
Phase 1 structuring now underway · engaging strategic partners and capital
4M+
National Herd
A
Sovereign Credit
55+
Years Stability
12%
SEZ Tax Rate
359 ha
Lobatse SEZ
01 / Why This Exists
Why This Exists.
The Opportunity
Establish local tanning and finished goods manufacturing.
Capture processing, design, and export margins domestically.
The Outcome
Industrial jobs.
Export revenues.
A scalable manufacturing base.
02 / The Project
The Project.
A vertically integrated leather processing and manufacturing platform based in Lobatse, within the SEZA industrial framework.
Structure
SPV
LRG Leather Botswana
Scope
- 01Tannery (hide processing)
- 02Finished goods manufacturing (bags, footwear, accessories)
- 03Export-oriented production platform
03 / Current Status
Current Status.
Factual position, as of current structuring phase.
01
Project structuring phase initiated
Active
02
Engagement with SEZA under Lobatse SEZ framework
Active
03
Raw material supply pathways under discussion with Botswana Meat Commission (BMC)
Active
04
International technical and manufacturing partners engaged
Active
FocusAligning supply, processing capability, and export channels into a single operating platform.
04 / Why This Version Works
Why This Version Works.
01
Private-sector led execution (not purely government-driven)
02
Integrated model (processing + finished goods, not standalone tannery)
03
Export-first strategy aligned to global markets
04
International manufacturing expertise engaged from inception
05 / Why Botswana
Why Botswana.
- 01
Established cattle base (raw material source)
- 02
Stable, investment-aligned policy environment
- 03
SEZA industrial framework supporting export manufacturing
- 04
Strategic positioning for access to international markets
06 / Investment Opportunity
Investment Opportunity.
Platform
Mid-scale industrial manufacturing platform combining tanning and finished goods production.
Capital Structure
Equity participation alongside strategic and development capital.
Revenue Drivers
- Leather processing
- Finished goods export
- Value-added manufacturing
Current Phase
Initial phase structuring. Capital, technical, and strategic partners being aligned.
07 / Partnership Model
Partnership Model.
LRG
LRG Holdings
Project structuring and execution leadership
SEZA
SEZA
Industrial framework and licensing engagement
INT
International Partners
Technical expertise, manufacturing capability, product development
INV
Investors
Capital participation at SPV level
Project Sponsor
Who Is Behind This.
Counterparties will ask who is structuring this. Named principal, citizen-owned enterprise, direct line.
LR
Lefika Ragontse
Founder & Developer
LRG Holdings · Citizen-Owned Enterprise
Lefika Ragontse is the founder of LRG Holdings, the project developer and operating entity behind the Botswana Leather Park.
LRG Holdings is a citizen-owned enterprise focused on building globally competitive platforms from African supply chains. The principal carries experience across international trade, manufacturing partnerships and resource-based industries.
Company
LRG Holdings
Status
Citizen-Owned
Location
Gaborone, Botswana
Role
Developer & Operator
Transparency
Current progress.
We distinguish between what is confirmed and what is proposed. No overstatement. Status as of current structuring phase.
Underway
SEZA onboarding and regulatory alignment
Proposed
Land allocation discussions in Lobatse SEZ
Underway
Technical partner engagement with Italian manufacturers
Underway
Financial structuring and investment documentation
Next Required
BPC grid connection agreement for solar infrastructure
Next Required
BERA licensing approval for IPP operations
08 / Execution Priorities
Execution Priorities.
- 01
Secure raw material throughput framework
In progress - 02
Finalize site allocation within Lobatse SEZ
In progress - 03
Define initial production capacity and phased scale-up
In progress - 04
Align technical partners with operating model
In progress
09 / Engage
Engage With the Platform.
We are currently engaging:
01
Strategic investors
02
Technical and manufacturing partners
03
Institutional stakeholders
Serious counterparties are invited to engage during the current structuring phase.