Phitrust Partenaires successfully exits its investment in La Laiterie du Berger after a decade of growth, allowing the dairy producer to continue its leadership in Senegal's market while enhancing local livelihoods.

Information on the Target

The Laiterie du Berger (LDB), founded in 2005 by Bagoré Bathily, a Franco-Senegalese veterinarian, has swiftly risen to become Senegal's second-largest dairy supplier. With a focus on using local milk, LDB was established with the aim of ensuring that the Peul farmers can thrive from their livestock amidst a backdrop where 90% of the country's milk is imported. By 2023, LDB had achieved a remarkable annual revenue growth of 23 times since the entry of Phitrust Partenaires into its capital, currently holding nearly 10% of Senegal's fresh dairy market and serving over 5,500 farmer families.

Industry Overview in Senegal

Despite 30% of Senegal's population relying on livestock farming—approximately 4 million people—the country's dairy sector heavily relies on imports, with local production struggling to meet domestic demand. This situation presents a significant opportunity for growth within the dairy industry, particularly for entities that can innovate and incorporate local resources.

The establishment of LDB was a strategic response to promote local production and improve the livelihoods of livestock farmers. It ha