Successful Partnership between HELICONIA SENEGAL and CDC: A Model of Collaboration and Excellence in the Helicopter Sector.
HELICONIA SENEGAL, a leader in passenger transportation and aerial work in Senegal, marks a decisive turning point in its history with its strategic partnership with the Caisse des Dépôts et Consignations (CDC). Since its establishment on May 26, 2015, HELICONIA SENEGAL has established itself as the first and only helicopter operator in Senegal, holding a national Air Operator’s Permit.
The CDC was created by law no. 2006-03 on January 4, 2006, and its regulatory framework was further enhanced by law 2017-32 on July 15, 2017, allowing it a broader range of prerogatives. In November 2021, as part of Senegal’s overall economic development policy, the institution acquired a 40% initial stake in HELICONIA SENEGAL. The CDC plays a key role in financing social housing, equipment for local authorities, urban policy, SMEs, and strategic projects defined by the State. Entrusted with missions of general interest, it supports public economic and social development policies and ensures the transparent management of third-party funds.
This step marked a major turning point for HELICONIA SENEGAL, solidifying its status as a “National Champion” in the helicopter transport sector for the oil and gas industry. This strategic partnership was validated after comprehensive due diligence conducted by Deloitte Senegal, which confirmed the strong foundations and promising prospects of HELICONIA SENEGAL.
In 2023, the partnership between HELICONIA SENEGAL and the CDC was further strengthened with an increase in the CDC’s stake to 49%, raising the share capital of HELICONIA SENEGAL to 2.7 billion CFA francs. This capital increase was crucial to achieving the status of National Champion and meeting the growing needs of the MSGBC basin market.
HELICONIA SENEGAL has affirmed its role as a “National Champion” for helicopter services in the oil and gas sector through a local content strategy implemented since 2015. This strategy aims to meet the specific needs of the Senegalese market while developing a new industry. The solid partnership with Senegalese authorities, including the Air Force, the Gendarmerie, and HASSMAR, has been pivotal in the development of HELICONIA SENEGAL. Furthermore, this partnership fosters sharing opportunities, thereby reducing costs for oil and gas companies and maximizing revenues for Senegal.
In conclusion, the partnership between HELICONIA SENEGAL and the CDC is an emblematic example of success in the helicopter sector, significantly contributing to Senegal’s economic development and the enhancement of the MSGBC basin’s resources.
