Sunbeth Set to Unveil Large-Scale Facilities for Processing 70,000 Metric Tons of Cocoa and 80,000 Metric Tons of Cashews by March 2027

The establishment of dual facilities will significantly enhance export capacity across key global markets, with a notable impact on African exports.

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One of Nigeria's prominent agro-commodity exporters is advancing plans for a 70,000-metric tonne cocoa processing plant and an 80,000-metric tonne cashew processing facility, underscoring a bold strategy for value-added agro-processing across the continent.

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Sunbeth Global Concepts Ltd, a leading cocoa exporter in Nigeria, has announced plans to set up a 70,000-metric tonne capacity cocoa processing factory and an 80,000-metric tonne cashew processing plant, both of which are currently under construction.

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The announcement was made by Managing Director, Mr. Olasunkanmi Owoyemi, during the Africa Cocoa Finance and Investment Forum (ACFIF) held at the London Stock Exchange, highlighting the company's long-term strategy for deepening local value addition in Africa's agricultural value chains.

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The facilities are scheduled to be commissioned in March 2027, reflecting Sunbeth's commitment to building industrial-scale agro-processing capacity in key export commodities.

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The dual investment demonstrates Sunbeth's dedication to creating sustainable employment, driving operational efficiency, and capturing greater value in the agricultural sector.

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According to the Managing Director, Sunbeth has transitioned from a trading enterprise to an integrated processor, a move designed to enhance value, create jobs, and improve efficiency.

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The cocoa facility will reinforce Nigeria's position in the global cocoa processing landscape, while the cashew plant will cater to growing demand in West Africa and supply premium export markets in Europe, Asia, and the Americas.

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Sunbeth's decision to invest in state-of-the-art processing facilities marks a significant shift in Africa's agricultural value chain, with the company committed to constructing brand-new, best-in-class plants.

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Having grown from a domestic trading operation to one of Africa's foremost cocoa exporters, Sunbeth is now executing the next phase of its corporate journey, focusing on industrial-scale processing.

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Mr. Olasunkanmi Owoyemi emphasized that scaling in the industry requires more than capacity expansion, highlighting the importance of vertical integration and a reliable supply chain.

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The company's approach is centered on building a sustainable supply chain, with investments in quality control infrastructure, farmer training programs, and strategic partnerships to improve cocoa yields and quality standards.

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Through its Orange Cocoa Sustainability Framework, Sunbeth is investing in initiatives designed to lift cocoa yields and elevate quality standards at the farm level, ensuring a reliable domestic supply chain.

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Sunbeth currently operates in Nigeria, Ghana, and Cameroon, with offices in London, Dubai, and New York, positioning the company to capture value across the entire cocoa supply chain.

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Looking ahead to 2050, Sunbeth's leadership envisions an Africa that not only produces but also processes, trades, and derives the full economic benefits of cocoa and cashew, with the company's investments laying the groundwork for this future.