Johnvents Industries operates a fully integrated cocoa processing business anchored by its modern facility in Ondo State, Nigeria. The company sources beans from local farmers and converts them into cocoa derivatives for international and domestic markets, aiming to move Nigeria up the value chain from raw-bean exports to finished products. Management plans to use fresh capital to scale processing capacity, deepen export reach, and build a sustainable cocoa ecosystem that empowers farmers and stabilizes FX inflows. Revenues have climbed sharply, rising from ₦59 billion ($39.9 million) in 2022 to more than ₦230 billion ($155.4 million) in 2024, reflecting aggressive growth and operational improvements. Johnvents holds a BBB+ credit rating from multiple Nigerian agencies, underscoring its solid debt-service record. Development finance institutions have previously supported the company to align its operations with international sustainability standards. Looking ahead, Johnvents intends to consolidate its leadership position in Nigeria’s cocoa sector and position the country as a global processing hub. The firm emphasizes both profitability and social impact through farmer empowerment and supply-chain strengthening initiatives.

Total raised

$92M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Oct 2025