Nigeria is once again re-entering the world’s second-largest producer of cocoa market, Ghana, after Sunbeth Global Concepts Limited gets a historic license as an international buyer of premium cocoa beans from the Ghana Cocoa Marketing Company (CMC Ghana).
That milestone makes Sunbeth Global the first Nigerian company in decades to earn that distinction.
The approval, formalised after successful negotiations with CMC Ghana, underscores renewed momentum in intra-African trade and marks a major step toward strengthening commercial ties between West Africa’s two largest cocoa producers.
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“We are proud to strengthen Ghana-Nigeria trade ties and promote intra-African commerce,” said Olasunkanmi Owoyemi, managing director of one of Nigeria’s leading cocoa traders and exporters, Sunbeth Global Concepts, in a statement seen by BusinessDay.
“This milestone reinforces our belief that collaboration within Africa is key to building a stronger, more resilient global cocoa-chocolate value chain. This partnership represents a bold milestone in the vision of Africa trading with Africa.”
Fuad Mohammed Abubakar, managing director of CMC Ghana, said the move “reflects a shared vision of Africa trading with Africa,” adding that Sunbeth, supported by UK-based SFI Agri Commodities, is well-positioned to expand Ghana’s premium cocoa into new markets.
”This achievement marks the first time in decades that a Nigerian company is sourcing directly from CMC Ghana.”
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With the support of its UK-based partner, SFI Agri Commodities, Sunbeth is expanding its West African footprint to supply Ghana’s premium cocoa to leading international chocolate manufacturers.
Since its founding in 2017, Sunbeth has exported more than 200,000 metric tons of agricultural commodities and now commands a 15 percent share of Nigeria’s cocoa export market.
The company’s operations are built on a foundation of ethical sourcing, farmer empowerment, and sustainability.