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 size up of the venture.
Under the brand 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 prime quality irrigation solutions in Senegal.
ตัววัดแรงดันน้ำมัน has long 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 photo voltaic equipment specialist Bonergie Senegal to determine Bonergie Irrigation, an area 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, stated of today’s announcement: “We are excited to continue working with our companions at Bonergie Irrigation to substantially scale up our providing to farmers in Senegal. Access to solar-powered irrigation solutions will exchange current diesel pumps, providing farmers with a extra sustainable solution to addressing the linked challenges of climate change and food safety.”
The agreements signed today will see the commissioning, sale, installation and maintenance of no much less than 2,000 additional pumps over the subsequent three years. In response to suggestions from the pilot, the project may also roll out over 500 drip irrigation methods (DIS) which are designed to optimise efficiency of irrigation whilst also defending groundwater sources from over-abstraction. The methods come in a spread of sizes to go well with each farmer’s wants with rent buy financing out there to spread the fee, making the systems more affordable.
“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 expertise will assist us to supply a minimum of 2000 pumps and 500 drip irrigation methods to rural farmers in a sustainable means. The nexus of Water-Energy-Food is considered one of the major 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 shall be co
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