Following a successful 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 proceed supporting the scale up of the project.
Under the brand new agreements, InfraCo Africa will hold a large minority shareholding in Bonergie Irrigation, committing a further US$2.four million to considerably scale up farmers’ access to prime quality irrigation solutions in Senegal.
It has long 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 gear specialist Bonergie Senegal to establish Bonergie Irrigation, a local Special Purpose Vehicle, to pilot the implementation of over 100 prime quality Solar Powered Irrigation Systems (SPIS).
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InfraCo Africa’s CEO, Gilles Vaes, said of today’s announcement: “We are excited to proceed working with our companions at Bonergie Irrigation to substantially scale up our offering to farmers in Senegal. Access to solar-powered irrigation options will substitute current diesel pumps, providing farmers with a extra sustainable resolution to addressing the linked challenges of climate change and meals safety.”
เครื่องมือความดัน signed today will see the commissioning, sale, installation and maintenance of a minimal of 2,000 further pumps over the next three years. In response to suggestions from the pilot, the venture may even roll out over 500 drip irrigation methods (DIS) which are designed to optimise efficiency of irrigation whilst additionally protecting groundwater sources from over-abstraction. The techniques are available a variety of sizes to suit every farmer’s wants with hire buy financing out there to spread the fee, making the methods extra inexpensive.
“Bonergie Irrigation SAS could be very proud that InfraCo Africa has determined to develop a close partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “Their large expertise will assist us to supply a minimum of 2000 pumps and 500 drip irrigation techniques to rural farmers in a sustainable means. The nexus of Water-Energy-Food is among the primary matters 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 venture might be co