Following a profitable pilot challenge, InfraCo Africa, a 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 size up of the project.
Under the new agreements, InfraCo Africa will maintain a large minority shareholding in Bonergie Irrigation, committing an additional US$2.four million to considerably scale up farmers’ access to top quality irrigation options in Senegal.
It has long been recognised that reliance upon rain-fed agriculture exposes Senegal’s farmers to the results of climate change on temperature and rainfall patterns.i In 2019, InfraCo Africa joined with photo voltaic tools specialist Bonergie Senegal to ascertain Bonergie Irrigation, a neighborhood Special Purpose Vehicle, to pilot the implementation of over 100 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 companions at Bonergie Irrigation to considerably scale up our offering to farmers in Senegal. Access to solar-powered irrigation options will replace existing diesel pumps, offering farmers with a more sustainable answer to addressing the linked challenges of climate change and food safety.”
The agreements signed at present will see the commissioning, sale, set up and upkeep of no less than 2,000 further pumps over the next three years. In response to feedback from the pilot, the venture may also roll out over 500 drip irrigation methods (DIS) which are designed to optimise efficiency of irrigation while also protecting groundwater sources from over-abstraction. pressure gauge ดิจิตอล come in a range of sizes to swimsuit each farmer’s wants with rent purchase financing obtainable to unfold the cost, making the systems more inexpensive.
“Bonergie Irrigation SAS could be very proud that InfraCo Africa has decided to develop an in depth partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “Their large experience will help us to produce a minimum of 2000 pumps and 500 drip irrigation techniques to rural farmers in a sustainable method. The nexus of Water-Energy-Food is certainly one of the main subjects for the coming years and Bonergie Irrigation SAS and InfraCo Africa are in an ideal place to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation project shall be co