Atlantic Grain Corridor — Export Terminal Expansion
Doubles West Africa's bulk grain export capacity; offtake secured with two G20 importers.
Executive Summary
Expansion of a deep-water grain terminal and inland silo network serving West African producers. The project doubles handling capacity to 6.2 MTPA and unlocks a USD 480M annual export corridor into the EU and Gulf markets. Anchor offtake contracts and a sovereign-backed concession underpin the financial structure.
Investment Thesis
- Regional grain output up 38% in five years — existing port infrastructure is the binding constraint.
- Concession runs 25 years with sovereign step-in protection and USD-denominated tariffs.
- Two binding 10-year offtake agreements cover 71% of expanded throughput.
Use of Funds
Financial Snapshot
Transaction Structure
USD 95M senior debt (DFI club), USD 30M mezzanine, USD 20M equity. Mezz tranche open via Deal Room.
Risk & Mitigation
- · FX volatility on local opex
- · Construction overrun
- · Commodity price cycle
- USD-denominated tariff schedule under concession
- Fixed-price EPC with 12% performance bond
- Diversified offtake basket across 4 commodities
Timeline & Milestones
- 2025 Q2Sponsor mandate & feasibility
- 2025 Q4DFI senior debt commitment
- 2026 Q1Deal Room mezz syndication
- 2026 Q3Financial close
- 2027 Q4Phase 1 commissioning
Sponsor
Atlantic Grain Holdings PLC
Atlantic Grain Holdings is a 22-year-old integrated grain logistics group operating across West Africa, with USD 1.1B in cumulative throughput and an investment-grade local credit rating.
ESG & Impact
- IFC PS-compliant E&S framework
- 12,400 smallholder farmers integrated
- Solar-assisted handling cuts diesel use 31%
Data Room
Gated documents unlock after KYC/AML verification and NDA execution.