Following a successful pilot project, InfraCo Africa, a half 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 size up of the venture.
Under the model new agreements, InfraCo Africa will hold a big minority shareholding in Bonergie Irrigation, committing an extra US$2.4 million to considerably scale up farmers’ access to prime quality irrigation solutions in Senegal.
เกจแรงดันน้ำ 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 solar tools specialist Bonergie Senegal to determine Bonergie Irrigation, an area 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 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 substitute current diesel pumps, offering farmers with a more sustainable solution to addressing the linked challenges of local weather change and meals security.”
The agreements signed right now will see the commissioning, sale, installation and upkeep of a minimum of 2,000 further pumps over the following three years. In response to suggestions from the pilot, the venture may also roll out over 500 drip irrigation techniques (DIS) that are designed to optimise efficiency of irrigation whilst additionally protecting groundwater sources from over-abstraction. The methods are available a range of sizes to swimsuit every farmer’s wants with hire buy financing out there to spread the cost, making the methods extra reasonably priced.
“Bonergie Irrigation SAS is very proud that InfraCo Africa has determined to develop an in depth partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “Their large expertise will assist us to produce a minimum of 2000 pumps and 500 drip irrigation systems to rural farmers in a sustainable method. The nexus of Water-Energy-Food is probably certainly one of the main subjects 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 challenge might be co
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