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InfraCo Africa Signs Convertible Loan Agreement with Bonergie Irrigation

InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has this afternoon signed a Convertible Loan Agreement with Bonergie Irrigation SASU (Bonergie Irrigation), committing US$320,000 to pioneer delivery of Solar Powered Irrigation Systems (SPIS) for use by small-scale farmers in Senegal.

Bonergie Irrigation will produce and implement high quality irrigation systems across rural Senegal. Expected to be operational in 2020, the first phase of the project will deliver 100 SPIS; replacing existing diesel pumps or providing small-scale farmers with first time access to irrigation.

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