Following a profitable pilot project, 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 hold a large minority shareholding in Bonergie Irrigation, committing an extra US$2.4 million to considerably scale up farmers’ access to high quality irrigation options in Senegal.
It has lengthy 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 solar equipment specialist Bonergie Senegal to ascertain Bonergie Irrigation, a neighborhood Special Purpose Vehicle, to pilot the implementation of over a hundred high 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 providing to farmers in Senegal. เกจวัดแรงดันน้ำราคา to solar-powered irrigation solutions will substitute present diesel pumps, offering farmers with a extra sustainable answer to addressing the linked challenges of local weather change and meals security.”
The agreements signed right now will see the commissioning, sale, set up and maintenance of at least 2,000 further pumps over the next three years. In response to feedback from the pilot, the challenge may also roll out over 500 drip irrigation systems (DIS) which are designed to optimise efficiency of irrigation whilst additionally protecting groundwater sources from over-abstraction. The techniques come in a range of sizes to suit every farmer’s wants with hire purchase financing obtainable to unfold the fee, making the techniques extra affordable.
“Bonergie Irrigation SAS is 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 assist us to provide a minimum of 2000 pumps and 500 drip irrigation systems to rural farmers in a sustainable way. The nexus of Water-Energy-Food is amongst the primary topics 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 challenge shall be co