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Nigeria cocoa trader Sunbeth raises $118mn in oversubscribed commercial paper deal

A farmer picking cocoa in the field. Photo @ Pexels
A farmer picking cocoa in the field. Photo @ Pexels

Ahmed Boulor

Ahmed Boulor is a Nigerian journalist who is versed in covering content regarding political economy, business, tech and energy markets
  • Sunbeth raises $118.46mn in oversubscribed commercial paper programme.
  • Funds to boost cocoa trading and exports from Nigeria.

 

LAGOS, NIGERIA – Nigeria-based commodity trading firm Sunbeth Global Concepts Limited has raised $118.46 million through its commercial paper programme, surpassing its initial fundraising target amid strong investor demand.

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