Following a profitable pilot venture, 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 dimensions up of the project.
Under the new agreements, InfraCo Africa will hold a large minority shareholding in Bonergie Irrigation, committing an additional US$2.4 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 climate 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).
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InfraCo Africa’s CEO, Gilles Vaes, mentioned of today’s announcement: “We are excited to proceed working with our companions at Bonergie Irrigation to considerably scale up our providing to farmers in Senegal. Access to solar-powered irrigation options will exchange current diesel pumps, offering farmers with a more sustainable resolution to addressing the linked challenges of local weather change and food security.”
เครื่องวัดแรงดันเกจที่นิยมใช้ signed at present will see the commissioning, sale, installation and upkeep of no less than 2,000 additional pumps over the following three years. In response to suggestions from the pilot, the venture may also roll out over 500 drip irrigation methods (DIS) which are designed to optimise effectivity of irrigation whilst also defending groundwater sources from over-abstraction. The methods are obtainable in a range of sizes to go properly with every farmer’s needs with hire buy financing out there to spread the price, making the methods extra reasonably priced.
“Bonergie Irrigation SAS is very proud that InfraCo Africa has decided to develop an in depth partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “Their tremendous experience will assist us to provide a minimal of 2000 pumps and 500 drip irrigation systems to rural farmers in a sustainable way. The nexus of Water-Energy-Food is doubtless one of the major matters for the approaching years and Bonergie Irrigation SAS and InfraCo Africa are in a perfect position to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation challenge might be co
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