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 considerably scale up farmers’ access to top quality irrigation options in Senegal.
It has lengthy been recognised that reliance upon rain-fed agriculture exposes Senegal’s farmers to the effects of climate change on temperature and rainfall patterns.i In 2019, InfraCo Africa joined with photo voltaic gear specialist Bonergie Senegal to determine Bonergie Irrigation, an area 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, stated of today’s announcement: “We are excited to continue working with our partners 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 climate change and meals security.”
The agreements signed today will see the commissioning, sale, set up and upkeep of a minimal of 2,000 additional pumps over the next three years. In เกจ์วัดความดัน to suggestions from the pilot, the venture will also roll out over 500 drip irrigation techniques (DIS) that are designed to optimise efficiency of irrigation while also protecting groundwater sources from over-abstraction. The systems come in a range of sizes to suit every farmer’s needs with hire buy financing available to spread the fee, making the techniques extra reasonably priced.
“Bonergie Irrigation SAS may be very proud that InfraCo Africa has decided to develop a close partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “Their super expertise will help us to supply a minimum of 2000 pumps and 500 drip irrigation techniques to rural farmers in a sustainable way. The nexus of Water-Energy-Food is probably certainly one of the primary matters for the coming years and Bonergie Irrigation SAS and InfraCo Africa are in a perfect place to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation challenge will be co
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