Following a successful 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 continue supporting the dimensions up of the challenge.
Under the brand new agreements, InfraCo Africa will hold a large minority shareholding in Bonergie Irrigation, committing a further US$2.4 million to considerably scale up farmers’ access to high quality irrigation options in Senegal.
It has lengthy 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 photo voltaic equipment specialist Bonergie Senegal to ascertain Bonergie Irrigation, a neighborhood Special Purpose Vehicle, to pilot the implementation of over one hundred prime 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 proceed working with our partners at Bonergie Irrigation to substantially scale up our providing to farmers in Senegal. Access to solar-powered irrigation solutions will exchange current diesel pumps, offering farmers with a more sustainable resolution to addressing the linked challenges of climate change and meals security.”
The agreements signed at present will see the commissioning, sale, installation and maintenance of a minimal of 2,000 additional pumps over the subsequent three years. In response to feedback from the pilot, the challenge may even roll out over 500 drip irrigation systems (DIS) that are designed to optimise efficiency of irrigation whilst also protecting groundwater sources from over-abstraction. The methods are available a range of sizes to suit each farmer’s needs with hire buy financing out there to spread the fee, making the systems more inexpensive.
“Bonergie Irrigation SAS may be very proud that InfraCo Africa has decided to develop a detailed partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “ ตัววัดแรงดันน้ำมัน will assist us to supply 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 primary subjects 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
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