Following a profitable 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 proceed supporting the dimensions up of the project.
Under the new agreements, InfraCo Africa will hold a big minority shareholding in Bonergie Irrigation, committing an extra US$2.4 million to substantially scale up farmers’ access to prime quality irrigation solutions in Senegal.
It has lengthy been recognised that reliance upon rain-fed agriculture exposes Senegal’s farmers to the consequences of climate change on temperature and rainfall patterns.i In 2019, InfraCo Africa joined with photo voltaic tools specialist Bonergie Senegal to establish Bonergie Irrigation, an area Special Purpose Vehicle, to pilot the implementation of over one 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 considerably scale up our offering to farmers in Senegal. Access to solar-powered irrigation solutions will exchange current diesel pumps, providing farmers with a extra 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 at least 2,000 further pumps over the next three years. In response to feedback from the pilot, the challenge may even roll out over 500 drip irrigation systems (DIS) that are designed to optimise efficiency of irrigation whilst additionally protecting groundwater sources from over-abstraction. The methods are available a variety of sizes to suit each farmer’s needs with rent purchase financing obtainable to unfold the fee, making the methods more affordable.
“ เกจวัดแรงดันถังแก๊ส may 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. “Their tremendous experience will assist us to produce a minimal of 2000 pumps and 500 drip irrigation systems to rural farmers in a sustainable means. The nexus of Water-Energy-Food is doubtless certainly 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 will be co
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