Sunbeth signs ₦150 billion cocoa procurement paper tranche

Funding supports cocoa procurement and plant inventory through its scheduled 2027 start

Sunbeth signs ₦150 billion cocoa procurement paper tranche

Funding supports cocoa procurement and plant inventory through its scheduled 2027 start
  • Publish date: 2026-10-21
  • Category: Standards & Policy
  • Original source: The Punch
  • Reading time: 1 min read

Sunbeth signed documents for a ₦150 billion commercial-paper tranche within its ₦500 billion programme, to fund 2026/27 cocoa procurement and inventory. The company says its 70,000-tonne-per-year plant is scheduled to start in Q1 2027; the first tranche was 45% oversubscribed.

The Punch