Following a successful pilot project, 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 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’ entry to top quality irrigation options in Senegal.
เกจวัดแรงอัดกระบอกสูบ 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 photo voltaic tools specialist Bonergie Senegal to ascertain Bonergie Irrigation, an area Special Purpose Vehicle, to pilot the implementation of over one hundred top 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 substantially scale up our providing 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 safety.”
The agreements signed today will see the commissioning, sale, installation and upkeep of a minimum of 2,000 further pumps over the next three years. In response to feedback from the pilot, the project may also roll out over 500 drip irrigation systems (DIS) which are designed to optimise efficiency of irrigation whilst additionally defending groundwater sources from over-abstraction. The techniques come in a variety of sizes to go properly with each farmer’s wants with hire buy financing available to unfold the fee, making the techniques more affordable.
“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 super expertise will assist 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 likely certainly one of the main matters 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 challenge shall be co
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