Following a successful pilot project, 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 size up of the project.
Under the new agreements, InfraCo Africa will hold a big minority shareholding in Bonergie Irrigation, committing an extra US$2.4 million to substantially scale up farmers’ entry to top 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 gear specialist Bonergie Senegal to determine Bonergie Irrigation, an area Special Purpose Vehicle, to pilot the implementation of over a 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 continue working with our companions at Bonergie Irrigation to substantially scale up our offering to farmers in Senegal. เพรสเชอร์เกจnuovafima to solar-powered irrigation solutions will replace present diesel pumps, offering farmers with a extra sustainable solution 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 minimum of 2,000 additional pumps over the subsequent three years. In response to suggestions from the pilot, the challenge may also roll out over 500 drip irrigation systems (DIS) which are designed to optimise effectivity of irrigation whilst additionally defending groundwater sources from over-abstraction. The systems are available a spread of sizes to suit every farmer’s wants with rent buy financing available to spread the price, making the systems more reasonably priced.
“Bonergie Irrigation SAS may 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 expertise will help us to provide a minimum of 2000 pumps and 500 drip irrigation systems to rural farmers in a sustainable method. The nexus of Water-Energy-Food is amongst the major topics for the coming years and Bonergie Irrigation SAS and InfraCo Africa are in a perfect place to develop this market in Senegal.” It is anticipated that Phase II of the Bonergie Irrigation project might be co
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