EL BOGHDADEYA Group (EBG) invested in 16 new systems equipped with modern technology sprinklers, which ensure uniform water coverage and reduced water consumption, compared to the existing pivot irrigation systems and their submersible pumps, which the new technology is replacing.
EL BOGHDADEYA Group (EBG) has been working in the field of agricultural land reclamation since 2003. EBG places its products, fresh fruits and vegetables, on both local and export markets. The company owns five farms in Egypt, and exports approx. 25% of its yearly harvested crops to Russia, Greece, and Italy.
65% of EBG’s annual turnover is generated from potato crops sales. The company sells its harvested crops to potato chip producers in both export and local markets. Their clients include companies such as Chipsy (a Pepsico Co. company), Farm Frites in Egypt, X5 in Russia, Green Iraq in Iraq and Petlus Greece.
By investing in this modern technology of Wobbling Diffusers (IWOB Sprinklers), EBG increased irrigation efficiency significantly. IWOB sprinklers operate in a way that simulates natural rain; they provide bigger droplets of water spread in circular shapes, overlapping with each other. This technique leads to better irrigation uniformity as well as water savings due to its higher wind resistance, as the wind does not diffuse the water.
The investment helped EBG reduce its water consumption for irrigation purposes, reduce the diesel fuel consumption of its electric generators, and increase annual crop yield, thus increasing its profitability and competitiveness.
The GVC team evaluated the technical and financial feasibility of the project, provided technical advice to EBG in selecting the best available technologies and confirmed the positive impact of using the selected technology in reducing water and energy consumption, greenhouse gas emissions, and enhancing the company’s competitiveness.
The project investment of €953,000 will lead to increasing EBG’s annual profits by approx. 100%. Importantly, it will reduce water consumption by 21% (3,225,600 m3/year) and will support energy savings of 27% (9,544 MWh/year), which are associated with the new submersible pumps. Greenhouse gas emissions from the company’s operations will be reduced by 7,334 tCO2eq/year, equivalent to the electricity consumed by 1,332 homes in a year, hence reducing the impact on climate and the environment.
Egypt Green Value Chain Financing Facility was developed by the European Bank for Reconstruction and Development (EBRD) and is financially supported by the Green Climate Fund (GCF), the European Union (EU) and the EBRD Shareholder Special Fund (SSF).
The Sub-borrowers receive an investment incentive for successful project implementation, provided by a grant from the EU.
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