Following pressure gauge น้ำ , 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 proceed supporting the size up of the venture.
Under the new agreements, InfraCo Africa will maintain a large minority shareholding in Bonergie Irrigation, committing an additional US$2.four million to considerably scale up farmers’ access to high quality irrigation options in Senegal.
It has long 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 solar tools specialist Bonergie Senegal to establish Bonergie Irrigation, an area Special Purpose Vehicle, to pilot the implementation of over 100 top 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 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 safety.”
The agreements signed at present will see the commissioning, sale, installation and maintenance of at least 2,000 additional pumps over the subsequent three years. In response to suggestions from the pilot, the venture will also roll out over 500 drip irrigation methods (DIS) which are designed to optimise efficiency of irrigation whilst also defending groundwater sources from over-abstraction. The systems come in a variety of sizes to swimsuit every farmer’s wants with rent purchase financing obtainable to unfold the cost, making the techniques more inexpensive.
“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 tremendous experience will help us to supply a minimum of 2000 pumps and 500 drip irrigation methods to rural farmers in a sustainable way. The nexus of Water-Energy-Food is considered one of the primary subjects for the approaching years and Bonergie Irrigation SAS and InfraCo Africa are in an ideal place to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation challenge will be co