The Agribusiness Innovation Center of Senegal : Scaling a Competitive Horticulture Sector through Value Adding Post-Harvest Processing

Senegal has tremendous potential to raise incomes and create jobs in agriculture. This potential is particularly strong in the horticulture sector where Senegal enjoys a comparative advantage because of the following factors: favorable climatic and water conditions; capacity to supply European markets at a time when others cannot; proximity to European markets with availability of competitive air and sea transport; access to quality inputs; and few policy distortions. The fact that exports have increased from 2,700 tons in 1991 to 51,270 tons in 2011 indicates the quality and demand for Senegalese horticulture products. However, only about 5 percent of the fruits and vegetables grown in Senegal are processed. The country imports many processed products that could be produced competitively domestically, and exports raw materials that, if processed, could be sold at much higher margins. Processing could also help reduce post-harvest losses, which dramatically affect farmers' incomes. The country is, therefore, not realizing the income and job generating potential offered by its comparative advantage. This document proposes a new model for promoting the growth of a competitive value adding horticulture sector in Senegal. The Agribusiness Innovation Center (AIC) will provide a set of financial and nonfinancial services to high-growth potential entrepreneurs, aiming to accelerate the growth of their enterprises and demonstrating product, process, and business model innovation across the horticulture sector. AIC complements existing efforts focused on farm-level improvements and foreign investment facilitation.

Bibliographic Details

Main Authors:	Brethenoux, Julia, Dioh, Simon, Drago, Nicola, Giddings, Steven, Olafsen, Ellen, Thaller, Jim
Language:	English en_US
Published:	World Bank, Washington, DC 2011
Subjects:	ACCESS TO CREDIT, ACCESS TO FINANCE, ACCESS TO TECHNOLOGY, ACCOUNTING, ADVOCACY ACTIVITIES, AGRICULTURAL CREDIT, AGRICULTURAL MARKETS, AGRICULTURAL PRODUCTS, AGRICULTURAL SECTOR, AGRICULTURAL SECTORS, AIC, ASSET FINANCING, BARRIERS TO GROWTH, BUSINESS ACTIVITIES, BUSINESS ASSESSMENT, BUSINESS CENTER, BUSINESS DEVELOPMENT, BUSINESS ENVIRONMENT, BUSINESS INCUBATION, BUSINESS INCUBATOR, BUSINESS INCUBATORS, BUSINESS MANAGEMENT, BUSINESS MODEL, BUSINESS OPPORTUNITIES, BUSINESS PLAN, BUSINESS PLANNING, BUSINESS STRATEGY, BUSINESS SUPPORT, BUSINESSES, CAPABILITIES, CAPITAL STRUCTURE, CAPITAL ·ASSET, COLLATERAL, COLLATERAL REQUIREMENTS, COMMERCE, COMMERCIAL BANKS, COMMERCIAL LOAN, COMMERCIALIZATION, COMMODITIES, COMPANY, COMPETITIVE ADVANTAGE, COMPETITIVE ADVANTAGES, COMPETITIVENESS, COOPERATIVES, COPYRIGHT, CORPORATION, CREDIT CONSTRAINTS, CREDIT LINES, CRITICAL SUCCESS FACTORS, CSS, CUSTOMER BASE, DEVELOPMENT BANK, DEVELOPMENT CENTER, DIVERSIFICATION, DONOR FUNDS, EARNINGS, ECONOMIC EMPOWERMENT, ECONOMIC GROWTH, EMPLOYERS, EMPLOYMENT, ENABLING ENVIRONMENT, ENTERPRISE DEVELOPMENT, ENTERPRISE SUPPORT, ENTERPRISE SURVEY, ENTREPRENEUR, ENTREPRENEURSHIP, EQUIPMENT, EQUIPMENT PURCHASES, EQUITY INVESTMENT, ESTABLISHED BRAND, EXPENDITURE, EXPORT MARKET, EXPORT MARKETS, EXPORT PROMOTION, EXTERNAL MARKETS, FACILITATION, FAMILY FARMS, FARMER, FARMERS, FINANCE ACCESS, FINANCIAL CAPACITY, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL MEANS, FINANCIAL PRODUCTS, FINANCIAL SERVICES, FINANCIAL SUSTAINABILITY, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, GENDER, GROSS DOMESTIC PRODUCT, GROWTH CYCLE, GROWTH OPPORTUNITIES, GROWTH OPPORTUNITY, GROWTH POTENTIAL, GROWTH STRATEGY, HUMAN RESOURCE, HUMAN RESOURCE MANAGEMENT, IMPLEMENTATION STAGE, INDUSTRIAL PRODUCTION, INFORMATION ASYMMETRIES, INITIAL INVESTMENT, INNOVATION, INNOVATION PROGRAMS, INNOVATIONS, INPUT PROVIDERS, INSTALLATION, INSTITUTIONAL CAPACITY, INTERNATIONAL BANK, INTERNATIONAL FINANCE, INTERNATIONAL MARKETS, INTERNATIONAL STANDARDS, JOB CREATION, KEY PERFORMANCE INDICATORS, LACK OF KNOWLEDGE, LEGISLATIVE FRAMEWORK, LENDERS, LOAN AMOUNT, LOAN FINANCE, LOAN FINANCING, LOAN REPAYMENT, LOAN SIZE, MARKET ACCESS, MARKET ASSESSMENT, MARKET CONDITIONS, MARKET DEMAND, MARKET DEVELOPMENT, MARKET INFORMATION, MARKET OPPORTUNITIES, MARKET OPPORTUNITY, MARKET PLACE, MARKET POSITION, MARKET POSITIONING, MARKET POTENTIAL, MARKET PRICE, MARKET REACH, MARKET RESEARCH, MARKET SHARE, MARKET TESTING, MARKET TREND, MARKETING, MARKETPLACE, MATERIAL, MEDIUM ENTERPRISES, MICROCREDIT, MICROFINANCE, MICROFINANCE INSTITUTIONS, NETWORKS, NEW MARKET, NEW MARKETS, NEW PRODUCT DEVELOPMENT, NONGOVERNMENTAL ORGANIZATION, NUTRITION, OUTREACH, OUTSOURCING, PERFORMANCE INDICATOR, PERFORMANCE INDICATORS, POLICY ENVIRONMENT, POTENTIAL DEMAND, PRIVATE INVESTMENTS, PRIVATE PARTNERSHIP, PRIVATE PARTNERSHIPS, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PRIVATE SECTOR INVESTMENT, PRIVATE SECTORS, PRIVATIZATION, PROCUREMENT, PROCUREMENT PROCESSES, PRODUCT INNOVATION, PRODUCT MARKET, PRODUCT MARKETS, PUBLIC ADMINISTRATION, PUBLIC AGENCIES, PUBLIC-PRIVATE PARTNERSHIP, PUBLIC-PRIVATE PARTNERSHIPS, R&D, REGISTRY, REGULATORY ENVIRONMENT, REIMBURSABLE GRANT, REIMBURSABLE GRANTS, RELEVANT MARKET, RESULTS, RETAIL, RETURN ON INVESTMENT, SALE, SALES, SATELLITE, SAVINGS, SEED FUND, SERVICE PROVIDER, SERVICE PROVIDERS, SME, SOURCES OF FUNDS, STANDARDIZATION, START-UP, START-UP COST, STORAGE SPACE, STORES, SUBSTITUTION, SUPERMARKET, SUPERMARKETS, SUPERVISION, SUPPLIERS, SUPPLY CHAIN, SUPPLY CHAINS, TARGET MARKET, TECHNICAL ASSISTANCE, TECHNICAL TRAINING, TECHNOLOGY DEVELOPMENT, TIME FRAME, TRAINING CENTER, TRANSPORT, TRUST FUNDS, TURNOVER, TYING, UNION, VALUE CHAIN, VALUE CHAINS, WHOLESALERS, WOMEN ENTREPRENEURS, WORKING CAPITAL,
Online Access:	http://documents.worldbank.org/curated/en/2011/01/18806666/agribusiness-innovation-center-senegal-scaling-competitive-horticulture-sector-through-value-adding-post-harvest-processing https://hdl.handle.net/10986/17659
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