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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Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/523961498623774515/Final-report
http://hdl.handle.net/10986/28399
id okr-10986-28399
recordtype oai_dc
spelling 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURE
FARMING
BUSINESS
MANAGEMENT
FINANCE
GROWTH
POLICY
GROUNDNUT
VALUE CHAIN
spellingShingle AGRICULTURE
FARMING
BUSINESS
MANAGEMENT
FINANCE
GROWTH
POLICY
GROUNDNUT
VALUE CHAIN
World Bank
Senegal Groundnut Value Chain Competitiveness and Prospects for Development
geographic_facet 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
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