Following a profitable pilot venture, InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Shareholders’ Agreement and a Loan Agreement with Bonergie Irrigation SAS (Bonergie Irrigation) to continue supporting the scale up of the project.
Under เกจ์วัดแรงดันแก๊ส , InfraCo Africa will maintain a big minority shareholding in Bonergie Irrigation, committing an extra US$2.four million to considerably scale up farmers’ entry to top quality irrigation solutions in Senegal.
It has lengthy been recognised that reliance upon rain-fed agriculture exposes Senegal’s farmers to the results of local weather change on temperature and rainfall patterns.i In 2019, InfraCo Africa joined with photo voltaic tools specialist Bonergie Senegal to determine Bonergie Irrigation, a local Special Purpose Vehicle, to pilot the implementation of over one hundred top quality Solar Powered Irrigation Systems (SPIS).
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InfraCo Africa’s CEO, Gilles Vaes, stated of today’s announcement: “We are excited to proceed working with our partners at Bonergie Irrigation to considerably scale up our offering to farmers in Senegal. Access to solar-powered irrigation solutions will exchange current diesel pumps, providing farmers with a extra sustainable resolution to addressing the linked challenges of climate change and food security.”
The agreements signed right now will see the commissioning, sale, installation and maintenance of a minimum of 2,000 additional pumps over the following three years. In response to feedback from the pilot, the project may even roll out over 500 drip irrigation systems (DIS) which are designed to optimise efficiency of irrigation whilst additionally defending groundwater sources from over-abstraction. The techniques are available in a spread of sizes to go well with each farmer’s needs with rent purchase financing out there to spread the price, making the techniques extra inexpensive.
“Bonergie Irrigation SAS may be very proud that InfraCo Africa has decided to develop a close partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “Their super expertise will help us to produce a minimal of 2000 pumps and 500 drip irrigation techniques to rural farmers in a sustainable way. The nexus of Water-Energy-Food is amongst the main subjects for the approaching years and Bonergie Irrigation SAS and InfraCo Africa are in a perfect position to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation challenge might be co
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