IFC partners with Nigeria's Johnvents Industries for a $23.3m deal to expand cocoa processing and increase export capacity.
IFC partners with Nigeria's Johnvents Industries Limited on a $23.3m deal to expand cocoa processing operations and increase export capacity. The funding, including local currency funding in Nigerian Naira, will allow Johnvents to double daily cocoa production to 120 metric tons. Additionally, IFC will provide advisory services to enhance women's participation in the company's workforce and supply chain.
June 14, 2024
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