Johnvents Group has strengthened its commitment to sustainability and economic growth in Nigeria’s cocoa industry with a major investment in its subsidiary, Premium Cocoa Products Ile-Oluji. This initiative, backed by British International Investment (BII), is set to enhance eco-friendly cocoa processing. It will also empower farmers, and position Nigeria as a key player in the global market.
John Alamu, Group Managing Director of Johnvents Group, emphasized the company’s focus on sustainability, stating:
“At Johnvents Group, we are dedicated to building a sustainable and globally competitive agribusiness industry in Nigeria. The investment in our cocoa processing facility, alongside our partnership with BII, marks a crucial milestone in this journey. Beyond expanding our processing capacity, this initiative will drive economic empowerment for thousands of farmers while promoting responsible and environmentally friendly cocoa production.”
The investment will support the adoption of energy-efficient processing technologies, waste reduction strategies, and ethical sourcing practices that ensure fair compensation and training for local farmers. By prioritizing sustainability, Johnvents is contributing to long-term soil health, biodiversity conservation, and climate resilience in cocoa farming communities.
BII’s backing of Johnvents reinforces its commitment to financing Black-owned and Black-led businesses in Africa. It will also address the challenges of limited access to capital while promoting inclusive and sustainable economic development.
This partnership solidifies Johnvents Group as a leader in responsible cocoa processing. It ensures that Nigeria not only competes globally but does so with sustainability at its core.
