Sunbeth Global Concepts to launch 70,000 MT cocoa and 80,000 MT cashew processing plants in March 2027
via Punch Nigeria3 min read
Sunbeth Global Concepts Ltd, a leading Nigerian agro-commodity exporter, plans to establish a 70,000-metric tonne cocoa processing plant and an 80,000-metric tonne cashew processing facility, both scheduled for commissioning in March 2027. This initiative, announced by Managing Director Mr. Olasunkanmi Owoyemi at the Africa Cocoa Finance and Investment Forum in London, is part of the company's strategy to enhance local value addition in Africa's agricultural value chains. The dual facilities aim to boost African export capacity, with the cocoa plant strengthening Nigeria's global position and the cashew plant serving West Africa and export markets in Europe, Asia, and the Americas. Sunbeth's investment in new, state-of-the-art facilities reflects its transition from a trading enterprise to an integrated processor, focusing on vertical integration, farmer empowerment, and sustainable supply chains. The company operates in Nigeria, Ghana, and Cameroon, with international offices in London, Dubai, and New York, positioning itself to capture value across the entire cocoa supply chain and contribute to Africa's economic benefits from these commodities.
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