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 continue supporting the dimensions up of the project.
Under the new agreements, InfraCo Africa will hold a big minority shareholding in Bonergie Irrigation, committing a further US$2.4 million to substantially scale up farmers’ entry to prime quality irrigation solutions in Senegal.
It has lengthy 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 tools specialist Bonergie Senegal to determine Bonergie Irrigation, an area Special Purpose Vehicle, to pilot the implementation of over one hundred top quality Solar Powered Irrigation Systems (SPIS).
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InfraCo Africa’s CEO, Gilles Vaes, stated of today’s announcement: “We are excited to proceed working with our partners at Bonergie Irrigation to considerably scale up our offering to farmers in Senegal. Access to solar-powered irrigation options will exchange current diesel pumps, providing farmers with a more sustainable solution to addressing the linked challenges of climate change and meals security.”
The agreements signed right now will see the commissioning, sale, installation and maintenance of a minimal of 2,000 further pumps over the next three years. In response to suggestions from the pilot, the project may even roll out over 500 drip irrigation systems (DIS) that are designed to optimise effectivity of irrigation whilst additionally protecting groundwater sources from over-abstraction. The systems come in a variety of sizes to swimsuit each farmer’s needs with hire buy financing out there to spread the cost, making the techniques extra inexpensive.
“Bonergie Irrigation SAS could be 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 large experience will help us to produce a minimum of 2000 pumps and 500 drip irrigation systems to rural farmers in a sustainable way. pressure gauge 2.5 นิ้ว of Water-Energy-Food is among the main topics for the coming 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 venture will be co
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