Latest news with #Johnvents
Khaleej Times
15-05-2025
- Business
- Khaleej Times
Johnvents Group makes strategic entry into rice market, targets Senegal and The Gambia
By sourcing premium rice from Pakistan, Johnvents connects African markets to global supply chains as part of its mission to nourish Africa and the world In a bold move to enhance food supply and strengthen food security across Africa, Johnvents Group has successfully delivered its major vessel load of premium-quality rice, Johnvents Rice, to Senegal, marking the company's official entry into the rice market. Sourced from Pakistan, a top global producer accounting for over 8 per cent of the world's rice exports, this milestone supports Johnvents Group's commitment to nourishing Africa and the world by creating sustainable agricultural value chains and ensuring access to safe, nutritious, and affordable food for communities across the continent. With this move, the company enters a new phase of growth in food distribution, focused on sustainable and reliable supply chains. Commenting on this milestone, Sanjay Puhorit, head of business, Johnvents DMCC, a subsidiary of Johnvents Group, said: "We are excited to launch Johnvents Rice as our first rice offtake and proud to begin this journey in Senegal and Gambia with plans to expand into other African countries in the coming months. As the trading arm of a fully integrated agribusiness, we're leveraging global expertise and regional insight to deliver high-quality food to the people who need it most." This milestone aligns with the broader growth and diversification strategy the Johnvents Group Board recently approved. The plan focuses on scaling core verticals trading, FMCG, commodities export, retail, and agro-processing across key markets in Africa, the Middle East, Asia, North America, and South America. John Alamu, group managing director, Johnvents Group, said: "As we continue to scale our operations across borders, this shipment demonstrates our resolve to make a real impact improving food accessibility while building resilient supply chains that connect Africa to the rest of the world. As an African-grown business with global aspirations, our goal is clear: to lead purposefully, trade with integrity, and nourish lives. Equally important is our long-term focus on strengthening local rice production here in Nigeria." He added that we are investing significantly in local capacity, from farming to processing, to ensure food self-sufficiency. Johnvents' integrated business model combines locally sourced raw materials, state-of-the-art manufacturing facilities, and sustainable practices to create long-term value across its supply chain. The company is focused on building partnerships that drive economic growth, environmental responsibility, and social impact. With a presence in six countries and a rapidly expanding product portfolio, Johnvents Group remains firmly positioned to become a leading force in transforming food systems and agricultural trade across Africa and the world. For more information, visit
Business Insider
15-05-2025
- Business
- Business Insider
Johnvents Group makes strategic entry into rice market, targets Senegal and The Gambia
Johnvents Group debuts in the rice market with its first shipment of Johnvents Riz to Senegal and The Gambia, strengthening food security in West Africa. By sourcing premium rice from Pakistan, Johnvents connects African markets to global supply chains as part of its mission to nourish Africa and the world. In a bold move to enhance food supply and strengthen food security across Africa, Johnvents Group has successfully delivered its major vessel load of premium-quality rice, Johnvents Rice, to Senegal, marking the company's official entry into the rice market. Sourced from Pakistan, a top global producer accounting for over 8% of the world's rice exports, this milestone supports Johnvents Group's commitment to nourishing Africa and the world by creating sustainable agricultural value chains and ensuring access to safe, nutritious, and affordable food for communities across the continent. With this move, the company enters a new phase of growth in food distribution, focused on sustainable and reliable supply chains. Commenting on this milestone, Sanjay Puhorit, Head of Business, Johnvents DMCC, a subsidiary of Johnvents Group, mentioned: ' We are excited to launch Johnvents Rice as our first rice offtake and proud to begin this journey in Senegal and Gambia with plans to expand into other African countries in the coming months. As the trading arm of a fully integrated agribusiness, we're leveraging global expertise and regional insight to deliver high-quality food to the people who need it most.' This milestone aligns with the broader growth and diversification strategy the Johnvents Group Board recently approved. The plan focuses on scaling core verticals trading, FMCG, commodities export, retail, and agro-processing across key markets in Africa, the Middle East, Asia, North America, and South America. John Alamu, Group Managing Director, Johnvents Group, also mentioned: 'As we continue to scale our operations across borders, this shipment demonstrates our resolve to make a real impact improving food accessibility while building resilient supply chains that connect Africa to the rest of the world. As an African-grown business with global aspirations, our goal is clear: to lead purposefully, trade with integrity, and nourish lives. Equally important is our long-term focus on strengthening local rice production here in Nigeria. He added that we are investing significantly in local capacity, from farming to processing, to ensure food self-sufficiency. Johnvents' integrated business model combines locally sourced raw materials, state-of-the-art manufacturing facilities, and sustainable practices to create long-term value across its supply chain. The company is focused on building partnerships that drive economic growth, environmental responsibility, and social impact. With a presence in 6 countries and a rapidly expanding product portfolio, Johnvents Group remains firmly positioned to become a leading force in transforming food systems and agricultural trade across Africa and the world.
Business Insider
11-05-2025
- Business
- Business Insider
From Ondo to the world: Meet Johnvents Group — the agribusiness giant quietly building Africa's future
At the heart of this journey is Johnvents Industries Limited, Akure, an 18,000 MT state-of-the-art facility producing cocoa liquor, butter, cake, and powder. Since commencing operations in 2021, it has exported thousands of tonnes of cocoa products to Europe, the US, and other global markets, placing Nigerian cocoa on the world stage. Strengthening this foundation is Premium Cocoa Products (Ile-Oluji), Nigeria's oldest cocoa processing plant with a 30,000 MT capacity. Its acquisition and revitalization speak to the Group's commitment to preserving heritage while delivering products that meet international standards. To support its growing international footprint, Johnvents Industries DMCC (JID) was set up in Dubai as the Group's international trading hub. JID oversees sourcing and exports from more than 12 countries, connecting African produce to partners across Asia, Europe, the Middle East, and North America. Johnvents' consumer-facing subsidiary, Johnvents Foods, is creating unforgettable food moments with household brands like JV Pure Cocoa Powder, JV 3 in 1 Chocolate Drink, Oluji Pure Cocoa Powder, and JV Choco Pops. Feeding this production engine is Johnvents Farms, which spans more than 1,500 hectares across Nigeria. These farms focus on the sustainable cultivation of cocoa and palm oil, anchoring the Group's commitment to traceability, agroforestry, and responsible land use. By investing in primary agriculture, Johnvents is ensuring long-term security and a fully integrated value chain, from soil to shelf. Ensuring this chain runs efficiently is Haven Hauling, the Group's logistics and freight arm. Haven Hauling is a modern haulage and export business with a fleet of 200+ trucks ensuring reliable delivery from farms to factories and global ports ensuring reliability, cost efficiency, and reduced post-harvest losses. In 2023, Johnvents further diversified with the acquisition of Noble-Eagle Industries Limited, a fast-growing FMCG manufacturing company. With production lines for edible oils, bottled water, cereals, animal feeds, and seasoning cubes, Noble-Eagle adds scale and versatility to the Group's manufacturing capabilities, meeting the evolving needs of consumers and distributors across West Africa. Johnvents Group is not only creating value from farm to table, it is shaping a new story for African enterprise. One defined by scale, innovation, and impact. With each investment, the Group is deepening its roots across the continent while expanding its reach globally, showing that Africa's agribusiness future lies not just in raw exports but in transformation, traceability, and long-term value creation. As it unifies its operations under a singular identity, Johnvents is advancing its mission of nourishing Africa and the world through sustainable practices, inclusive growth, and a fully integrated approach that leaves no part of the value chain behind.
Iraqi News
09-03-2025
- Business
- Iraqi News
Nigeria seeks to cash in on soaring cocoa prices
Abuja – Booming cocoa prices are stirring interest in turning Nigeria into a bigger player in the sector, with hopes of challenging top producers Ivory Coast and Ghana, where crops have been ravaged by climate change and disease. Nigeria has struggled to diversify its oil-dependent economy but investors have taken another look at cocoa beans after global prices soared to a record $12,000 per tonne in December. 'The farmers have never had it so good,' Patrick Adebola, executive director at the Cocoa Research Institute of Nigeria, told AFP. More than a dozen local firms have expressed interest in investing in or expanding their production this year, while the British government's development finance arm recently poured $40.5 million into Nigerian agribusiness company Johnvents. Nigeria is the world's seventh biggest cocoa bean producer, producing more than 280,000 tonnes in 2023, according to the most recent data compiled by the UN's Food and Agriculture Organization. The government has set an ambitious production target of 500,000 tonnes for the 2024-2025 season, which would move it into fourth place behind Ivory Coast, Ghana and Indonesia. Adebola doubts Nigeria can reach the target this season, but he believes it is feasible in the next few years as there is rising interest in rehabilitating old plantations or establishing new ones. He said Nigerian growers are much more exposed to the highs and lows of the global cocoa market than their peers in Ivory Coast and Ghana as prices are regulated in those countries. Cocoa futures contracts in New York have fallen from their December record but they remain high at more than $8,000 per tonne. Cocoa prices typically ranged between $2,000 and $3,000 before the recent surge. 'Individuals are going into cocoa production at every level… to make sure they also enjoy the current price,' said Comrade Adeola Adegoke, president of the Cocoa Farmers Association of Nigeria. – 'Full-sun' monocrop – Ivory Coast is by far the world's top grower, producing more than two million tonnes of cocoa beans in 2023, followed by Ghana at 650,000 tonnes. But the two countries had poor harvests last year as crops were hit by bad weather and disease, causing a supply shortage that sent global prices to all-time highs. Nigeria's cocoa has largely been spared so far from the worst effects of climate change, but expanding the crop could carry environmental risks. The government has stepped up efforts to promote the long-unregulated sector via the National Cocoa Management Committee, which was established in 2022 to regulate the industry and support farmers. But agriculture modernisation efforts have encouraged the development of 'full-sun' monocrop plantations that only focus on growing cocoa beans, without the use of companion plants or trees. A recent study in the journal Agroforestry Systems has raised concerns about this approach, saying monocrop farming can be less sustainable compared growing the bean alongside shade trees, promoting biodiversity and improving environmental health. – Land and money? – Scaling up the sector could also prove challenging because much of Nigeria's cocoa is grown by small-scale farmers. Peter Okunde, a farmer in Ogun state, told AFP he lacks both the capital and land to expand his four-hectare (10-acre) cocoa plantation. Land 'is the major instrument farmers need… and the money to develop it', said Okunde, 49. But John Alamu, group managing director of Johnvents, told CNBC Africa this week that 'the problem is not land area'. Noting that Nigeria has 1.4 million hectares dedicated to cocoa production — more than Ghana's 1.1 million, he told the broadcaster a more holistic approach was needed. 'These are things (other) governments have used to support farmers: provision of seedlings, training on good agronomic practices, a real focus on sustainable agriculture,' he said. 'These are key things that will be responsible to take Nigeria back to its leadership position.'
Yahoo
09-03-2025
- Business
- Yahoo
Nigeria seeks to cash in on soaring cocoa prices
Booming cocoa prices are stirring interest in turning Nigeria into a bigger player in the sector, with hopes of challenging top producers Ivory Coast and Ghana, where crops have been ravaged by climate change and disease. Nigeria has struggled to diversify its oil-dependent economy but investors have taken another look at cocoa beans after global prices soared to a record $12,000 per tonne in December. "The farmers have never had it so good," Patrick Adebola, executive director at the Cocoa Research Institute of Nigeria, told AFP. More than a dozen local firms have expressed interest in investing in or expanding their production this year, while the British government's development finance arm recently poured $40.5 million into Nigerian agribusiness company Johnvents. Nigeria is the world's seventh biggest cocoa bean producer, producing more than 280,000 tonnes in 2023, according to the most recent data compiled by the UN's Food and Agriculture Organization. The government has set an ambitious production target of 500,000 tonnes for the 2024-2025 season, which would move it into fourth place behind Ivory Coast, Ghana and Indonesia. Adebola doubts Nigeria can reach the target this season, but he believes it is feasible in the next few years as there is rising interest in rehabilitating old plantations or establishing new ones. He said Nigerian growers are much more exposed to the highs and lows of the global cocoa market than their peers in Ivory Coast and Ghana as prices are regulated in those countries. Cocoa futures contracts in New York have fallen from their December record but they remain high at more than $8,000 per tonne. Cocoa prices typically ranged between $2,000 and $3,000 before the recent surge. "Individuals are going into cocoa production at every level... to make sure they also enjoy the current price," said Comrade Adeola Adegoke, president of the Cocoa Farmers Association of Nigeria. - 'Full-sun' monocrop - Ivory Coast is by far the world's top grower, producing more than two million tonnes of cocoa beans in 2023, followed by Ghana at 650,000 tonnes. But the two countries had poor harvests last year as crops were hit by bad weather and disease, causing a supply shortage that sent global prices to all-time highs. Nigeria's cocoa has largely been spared so far from the worst effects of climate change, but expanding the crop could carry environmental risks. The government has stepped up efforts to promote the long-unregulated sector via the National Cocoa Management Committee, which was established in 2022 to regulate the industry and support farmers. But agriculture modernisation efforts have encouraged the development of "full-sun" monocrop plantations that only focus on growing cocoa beans, without the use of companion plants or trees. A recent study in the journal Agroforestry Systems has raised concerns about this approach, saying monocrop farming can be less sustainable compared growing the bean alongside shade trees, promoting biodiversity and improving environmental health. - Land and money? - Scaling up the sector could also prove challenging because much of Nigeria's cocoa is grown by small-scale farmers. Peter Okunde, a farmer in Ogun state, told AFP he lacks both the capital and land to expand his four-hectare (10-acre) cocoa plantation. Land "is the major instrument farmers need... and the money to develop it", said Okunde, 49. But John Alamu, group managing director of Johnvents, told CNBC Africa this week that "the problem is not land area". Noting that Nigeria has 1.4 million hectares dedicated to cocoa production -- more than Ghana's 1.1 million, he told the broadcaster a more holistic approach was needed. "These are things (other) governments have used to support farmers: provision of seedlings, training on good agronomic practices, a real focus on sustainable agriculture," he said. "These are key things that will be responsible to take Nigeria back to its leadership position." nro/lth/phz/lb Sign in to access your portfolio
