03 / Partners & Execution
Already organized.
Already in motion.
The roles, the partners, the manufacturing path from raw hide to finished luxury good, and the execution timeline through first export.
Structure
Execution structure.
Eight defined roles, one project. LRG Holdings as developer, supported by named Italian technical partners and the full Botswana institutional framework.
LRG Holdings
Project Lead · Developer · SPV Holder
Citizen-owned Botswana enterprise founded by Lefika Ragontse. Originator and lead developer of the Botswana Leather Park. Holds the SPV and coordinates all partners.
SEZA
Special Economic Zones Authority
Licensing, 12% SEZ tax rate, 200% training rebate, industrial land allocation, and fast-track export framework within the Lobatse Special Economic Zone.
White Line Exotic Leather
Italian Exotic Tannery · San Miniato, Tuscany
Founded 2001 by Alberto & Domingo Panterani. Tuscany-based tannery specialising in crocodile, alligator, ostrich, shark and stingray skins for high-fashion houses. CITES-compliant, full in-house production.
Italprogetti S.p.A.
Tannery Engineering · Pisa
Founded 1977 by Eng. Mario Serrini. World leader in tannery engineering, polypropylene drums, automation and CETP effluent treatment design. 25+ engineers, three Tuscany production plants, 40+ years of turnkey tannery delivery globally.
Angelo Coppola Srl
Italian Luxury Shoe Manufacturer
Formal partnership for a leather shoe factory in Botswana. Angelo Coppola produces 350 pairs of luxury shoes per day. Joint proposal covers factory design, equipment specification, workforce training and production scaling.
Institutional Framework
SEZA · ETP · CEDA · NDP · BDC · NDB
Project aligned across Botswana's industrial development institutions: Special Economic Zones Authority, Economic Transformation Programme, Citizen Entrepreneurial Development Agency, National Development Plan, Botswana Development Corporation, and National Development Bank Botswana.
Investors
Capital Partners
Institutional, family office and strategic equity capital deployed via the LRG Leather Botswana SPV across three phased entry options.
Global Buyers
Offtake · Export Markets
European fashion houses, premium leather goods producers, automotive interior buyers, AfCFTA partners and SACU/SADC distributors. Six export markets targeted: US, EU, UK, SACU, SADC, AfCFTA.
Diagram illustrative. LRG Holdings holds and leads the SPV; authority flows down to operating partners and capital + offtake flow inward.
04. The Luxury Layer
From raw material
to global luxury.
This is not a tannery. It is a vertically integrated luxury manufacturing ecosystem. Italian design, Botswana production, global export.
Stage 01
Tannery & Processing
BMC hides · Italian-grade wet-blue & crust output
Stage 02
Luxury Manufacturing
Bags · shoes · accessories · EU & US export-grade
Italian Design
Master craftsmen and design houses set the quality bar from day one.
Botswana Production
Onshore, vertically integrated. Lower cost base, higher traceability.
Global Export
Finished, high-margin leather goods shipped into EU, US and luxury distribution.
05. Development Timeline
Time-bound.
Executable.
From land finalization to first export, the project plan moves decisively across four defined milestones.
Q4 2026
Land Finalization
Final SEZA land allocation completed in Lobatse. Master site planning and EIA finalized.
Q2 2027
Construction Begins
Groundworks and tannery shell construction commence. Italian equipment procurement orders placed.
Q4 2027
Phase 1 Production
Tannery commissioning and initial luxury manufacturing lines come online. First export-grade output.
Q2 2028
Export Scale & Expansion
Full-scale export volume to EU/US luxury markets. Phase 2 expansion of finished goods capacity.
06 — Approval Pathway
Development roadmap.
Nine regulatory and development steps to first construction. Each must be completed in sequence. Status as of current structuring phase.
SEZA Land Enquiry
Formal application to SEZA for land allocation within the Lobatse Special Economic Zone.
Pre-Feasibility Study
Technical and financial pre-feasibility covering leather processing, solar infrastructure and export logistics.
EIA Screening
Environmental Impact Assessment screening for tannery operations, effluent treatment and solar development.
BPC Grid Connection Enquiry
Application to BPC for grid connection assessment and interconnection study for the solar IPP.
BERA Licensing Review
Regulatory review with the Botswana Energy Regulatory Authority for IPP generation licence.
Offtaker Engagement
Engagement with BPC and potential Leather Park tenants for power purchase or supply agreements.
Partner Selection
Selection of EPC contractor, technical partners and co-investors for Phase 1 execution.
Financial Close
Structuring and closing project finance, equity investment and development finance commitments.
Construction & Commissioning
Phased construction of tannery, manufacturing and solar facilities with progressive commissioning.
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