Following a profitable pilot venture, 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 dimensions up of the project.
Under the brand new agreements, InfraCo Africa will hold a big minority shareholding in Bonergie Irrigation, committing an extra US$2.four million to substantially scale up farmers’ access to prime quality irrigation solutions 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 photo voltaic tools specialist Bonergie Senegal to determine Bonergie Irrigation, a local Special Purpose Vehicle, to pilot the implementation of over a hundred prime quality Solar Powered Irrigation Systems (SPIS).
READ: Kenya to build new consuming water provide system in Mombasa County
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 options will exchange current diesel pumps, offering farmers with a extra sustainable answer to addressing the linked challenges of climate change and meals safety.”
The agreements signed at present will see the commissioning, sale, set up and maintenance of at least 2,000 further pumps over the subsequent three years. In response to feedback from the pilot, the challenge may also roll out over 500 drip irrigation methods (DIS) which are designed to optimise effectivity of irrigation while also protecting groundwater sources from over-abstraction. The methods come in a range of sizes to suit every farmer’s wants with hire buy financing available to unfold the cost, making the systems more inexpensive.
“ เกจวัดแรงดัน10bar could 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. “Their large 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 amongst the major matters for the approaching 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 challenge will be co
Share