This is an analysis of the USAID/Senegal Economic Growth Project (PCE), which involves the development of improved rice value chains, focusing on both rain-fed and irrigated systems in Senegal. The project aims to address low agricultural productivity and food insecurity and is expected to generate economic and social benefits by improving rice yields, farmer incomes, and national food self-sufficiency. Implemented under the Feed the Future initiative, the project successfully increased irrigated rice yields from 5 to 6 MT/ha, accompanied by a 25% rise in market prices, while rain-fed yields doubled from 1 to 2 MT/ha.

These improvements tripled farmer incomes in irrigated areas and nearly quadrupled incomes in rain-fed areas. The project also created additional benefits for certified seed producers and processing industries. A comprehensive cost-benefit analysis was conducted in line with international good practices, assessing the project’s financial viability, economic efficiency, and distributional impacts. The analysis included a cost-benefit analysis of yield projections, income assessments, and adoption rate evaluations to support decision-making for USAID/Senegal and the Government of Senegal. Results confirmed strong economic returns, demonstrating the project’s success in enhancing agricultural productivity and rural livelihoods.