# Sunbeth signs ₦150 billion cocoa procurement paper tranche

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

- **Source date:** 2026-10-21
- **Original source:** [The Punch](https://punchng.com/sunbeth-seals-n150bn-commercial-paper-deal/)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/nigeria-sunbeth-150-billion-cocoa-procurement-commercial-paper-2026
- **Markdown:** https://voltformer.com/news/nigeria-sunbeth-150-billion-cocoa-procurement-commercial-paper-2026.md

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](https://punchng.com/sunbeth-seals-n150bn-commercial-paper-deal/)

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