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 scale up of the venture.
Under the model new agreements, InfraCo Africa will maintain a big minority shareholding in Bonergie Irrigation, committing a further US$2.four million to considerably scale up farmers’ entry to prime quality irrigation options in Senegal.
It 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 ascertain Bonergie Irrigation, a neighborhood Special Purpose Vehicle, to pilot the implementation of over 100 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 partners at Bonergie Irrigation to considerably scale up our providing to farmers in Senegal. Access to solar-powered irrigation solutions will substitute present diesel pumps, offering farmers with a more sustainable answer to addressing the linked challenges of local weather change and meals security.”
The agreements signed today will see the commissioning, sale, installation and upkeep of no much less than 2,000 additional pumps over the subsequent three years. In response to suggestions from the pilot, the venture may also roll out over 500 drip irrigation methods (DIS) which are designed to optimise effectivity of irrigation while also defending groundwater sources from over-abstraction. The techniques come in a spread of sizes to suit every farmer’s needs with rent buy financing obtainable to spread the price, making the systems more reasonably priced.
“ เกจ์วัดแรงดันน้ำมันเครื่อง 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 tremendous expertise will help us to supply a minimal of 2000 pumps and 500 drip irrigation techniques to rural farmers in a sustainable method. The nexus of Water-Energy-Food is among the major topics for the approaching years and Bonergie Irrigation SAS and InfraCo Africa are in a perfect position to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation project will be co
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