Following a profitable pilot challenge, 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 project.
Under the model new agreements, InfraCo Africa will maintain a large minority shareholding in Bonergie Irrigation, committing an additional 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 local weather change on temperature and rainfall patterns.i In 2019, InfraCo Africa joined with photo voltaic tools specialist Bonergie Senegal to determine Bonergie Irrigation, a neighborhood Special Purpose Vehicle, to pilot the implementation of over 100 top 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 continue working with our companions at Bonergie Irrigation to considerably scale up our providing to farmers in Senegal. Access to solar-powered irrigation options will substitute present diesel pumps, offering farmers with a extra sustainable solution to addressing the linked challenges of local weather change and food security.”
The agreements signed at present will see the commissioning, sale, set up and upkeep of no much less than 2,000 additional pumps over the next three years. In ร้านซ่อมเครื่องวัดความดันomron to suggestions from the pilot, the challenge may even roll out over 500 drip irrigation methods (DIS) that are designed to optimise effectivity of irrigation while additionally protecting groundwater sources from over-abstraction. The methods come in a spread of sizes to swimsuit every farmer’s wants with rent buy financing out there to spread the cost, making the techniques more reasonably priced.
“Bonergie Irrigation SAS could be very proud that InfraCo Africa has determined to develop a close partnership with us as a shareholder”, says Gabriele Schwarz, CEO of Bonergie Irrigation SAS. “Their super experience will assist us to supply a minimal of 2000 pumps and 500 drip irrigation systems to rural farmers in a sustainable way. The nexus of Water-Energy-Food is considered one of 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 venture will be co
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