Following a successful pilot venture, 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 dimensions up of the venture.
Under the new agreements, InfraCo Africa will hold a large minority shareholding in Bonergie Irrigation, committing an extra US$2.four million to substantially scale up farmers’ entry to high quality irrigation solutions in Senegal.
It has long been recognised that reliance upon rain-fed agriculture exposes Senegal’s farmers to the consequences of local weather change on temperature and rainfall patterns.i In 2019, InfraCo Africa joined with solar gear specialist Bonergie Senegal to establish Bonergie Irrigation, a local Special Purpose Vehicle, to pilot the implementation of over one hundred prime quality Solar Powered Irrigation Systems (SPIS).
READ: Kenya to construct new consuming water supply system in Mombasa County
InfraCo Africa’s CEO, Gilles Vaes, stated of today’s announcement: “We are excited to proceed working with our companions at Bonergie Irrigation to substantially scale up our providing to farmers in Senegal. เกจวัดแรงดันแก๊สlpg to solar-powered irrigation options will replace existing diesel pumps, providing farmers with a more sustainable resolution to addressing the linked challenges of climate change and food safety.”
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 project may even roll out over 500 drip irrigation techniques (DIS) that are designed to optimise efficiency of irrigation whilst additionally protecting groundwater sources from over-abstraction. The techniques are available a variety of sizes to suit every farmer’s needs with rent buy financing available to spread the fee, making the systems extra reasonably priced.
“Bonergie Irrigation SAS may be 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 expertise will assist us to provide a minimum of 2000 pumps and 500 drip irrigation systems to rural farmers in a sustainable way. The nexus of Water-Energy-Food is amongst the main topics for the coming years and Bonergie Irrigation SAS and InfraCo Africa are in an ideal position to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation project shall be co
Share