Following a successful pilot challenge, 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 size up of the venture.
Under the new agreements, InfraCo Africa will maintain a large minority shareholding in Bonergie Irrigation, committing a further US$2.four million to substantially scale up farmers’ access to high quality irrigation options 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 solar gear specialist Bonergie Senegal to establish Bonergie Irrigation, a neighborhood 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, mentioned of today’s announcement: “We are excited to continue working with our companions at Bonergie Irrigation to considerably scale up our offering to farmers in Senegal. Access to solar-powered irrigation options will substitute current diesel pumps, providing farmers with a more sustainable answer to addressing the linked challenges of local weather change and food security.”
The agreements signed at present will see the commissioning, sale, set up and maintenance of at least 2,000 further pumps over the subsequent three years. In response to feedback from the pilot, the venture may even roll out over 500 drip irrigation techniques (DIS) which are designed to optimise efficiency of irrigation while also protecting groundwater sources from over-abstraction. The methods are available a variety of sizes to go well with every farmer’s wants with hire purchase financing out there to unfold the cost, making the techniques more affordable.
“Bonergie Irrigation SAS could be very proud that InfraCo Africa has determined to develop a detailed partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “ เกจวัดแรงดันเครื่องกรองน้ำ will assist us to provide a minimum of 2000 pumps and 500 drip irrigation techniques to rural farmers in a sustainable means. The nexus of Water-Energy-Food is considered one of the major matters for the approaching years and Bonergie Irrigation SAS and InfraCo Africa are in an ideal position to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation venture shall be co
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