Senegal Groundnut Value Chain Competitiveness and Prospects for Development
The groundnut value chain is of major economic, social and political importance in Senegal. Most rural households grow the crop, and its transport, storage or processing is a key source of nonfarm employment in both formal and informal enterprises....
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Online Access: | http://documents.worldbank.org/curated/en/523961498623774515/Final-report http://hdl.handle.net/10986/28399 |
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okr-10986-283992021-05-25T09:02:44Z Senegal Groundnut Value Chain Competitiveness and Prospects for Development World Bank AGRICULTURE FARMING BUSINESS MANAGEMENT FINANCE GROWTH POLICY GROUNDNUT VALUE CHAIN The groundnut value chain is of major economic, social and political importance in Senegal. Most rural households grow the crop, and its transport, storage or processing is a key source of nonfarm employment in both formal and informal enterprises. Senegal’s groundnut sector was originally developed by colonial authorities, using a monopoly over exports to control the domestic market. For groundnuts in Senegal, the French-owned oil processor was nationalized to form SONACOS in 1975, which proved increasingly costly to operate and was eventually privatized in 2005 to form SUNEOR in 2007. That too has suffered increasing losses and in January 2010 the government finally ended the monopoly system, allowing farmers to sell to competing firms for either direct export or processing. Despite turmoil in the groundnut processing sector, groundnut production itself remains a mainstay of the rural economy. This report builds on a number of previous studies to inform ongoing changes in the sector. Most notably, we build on the diagnostic analysis of the groundnut value chain that was conducted in 2014 (World Bank 2015) and addressed a set of key reform proposals. The focus of this report is detailed in its Terms of Reference (Annex 4). 2017-09-25T20:30:51Z 2017-09-25T20:30:51Z 2017-06 Report http://documents.worldbank.org/curated/en/523961498623774515/Final-report http://hdl.handle.net/10986/28399 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Commodities Study Economic & Sector Work Africa Senegal |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
topic |
AGRICULTURE FARMING BUSINESS MANAGEMENT FINANCE GROWTH POLICY GROUNDNUT VALUE CHAIN |
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AGRICULTURE FARMING BUSINESS MANAGEMENT FINANCE GROWTH POLICY GROUNDNUT VALUE CHAIN World Bank Senegal Groundnut Value Chain Competitiveness and Prospects for Development |
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Africa Senegal |
description |
The groundnut value chain is of major
economic, social and political importance in Senegal. Most
rural households grow the crop, and its transport, storage
or processing is a key source of nonfarm employment in both
formal and informal enterprises. Senegal’s groundnut sector
was originally developed by colonial authorities, using a
monopoly over exports to control the domestic market. For
groundnuts in Senegal, the French-owned oil processor was
nationalized to form SONACOS in 1975, which proved
increasingly costly to operate and was eventually privatized
in 2005 to form SUNEOR in 2007. That too has suffered
increasing losses and in January 2010 the government finally
ended the monopoly system, allowing farmers to sell to
competing firms for either direct export or processing.
Despite turmoil in the groundnut processing sector,
groundnut production itself remains a mainstay of the rural
economy. This report builds on a number of previous studies
to inform ongoing changes in the sector. Most notably, we
build on the diagnostic analysis of the groundnut value
chain that was conducted in 2014 (World Bank 2015) and
addressed a set of key reform proposals. The focus of this
report is detailed in its Terms of Reference (Annex 4). |
format |
Report |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Senegal Groundnut Value Chain Competitiveness and Prospects for Development |
title_short |
Senegal Groundnut Value Chain Competitiveness and Prospects for Development |
title_full |
Senegal Groundnut Value Chain Competitiveness and Prospects for Development |
title_fullStr |
Senegal Groundnut Value Chain Competitiveness and Prospects for Development |
title_full_unstemmed |
Senegal Groundnut Value Chain Competitiveness and Prospects for Development |
title_sort |
senegal groundnut value chain competitiveness and prospects for development |
publisher |
World Bank, Washington, DC |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/523961498623774515/Final-report http://hdl.handle.net/10986/28399 |
_version_ |
1764466491905802240 |