Following a profitable pilot challenge, InfraCo Africa, a half 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 scale up of the venture.
Under เกจวัดแรงดันลม10bar , InfraCo Africa will hold a big minority shareholding in Bonergie Irrigation, committing a further US$2.4 million to considerably scale up farmers’ access to top quality irrigation solutions in Senegal.
It 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 solar equipment specialist Bonergie Senegal to determine Bonergie Irrigation, a neighborhood Special Purpose Vehicle, to pilot the implementation of over one hundred high quality Solar Powered Irrigation Systems (SPIS).
READ: Kenya to build new drinking water provide system in Mombasa County
InfraCo Africa’s CEO, Gilles Vaes, said 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 resolution to addressing the linked challenges of local weather change and meals safety.”
The agreements signed today will see the commissioning, sale, installation and maintenance of a minimal of 2,000 further pumps over the next three years. In response to feedback from the pilot, the challenge may also roll out over 500 drip irrigation techniques (DIS) that are designed to optimise effectivity of irrigation whilst also defending groundwater sources from over-abstraction. The techniques come in a range of sizes to swimsuit every farmer’s needs with rent purchase financing available to spread the fee, making the systems extra reasonably priced.
“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 large experience will assist us to provide a minimal of 2000 pumps and 500 drip irrigation techniques to rural farmers in a sustainable way. The nexus of Water-Energy-Food is probably considered one of the major 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 venture will be co