John Alamu Advocates for Processed Cocoa Exports to Boost Nigeria's Economy

John Alamu, the founder and managing director of Capitalsag Holdings, emphasized the profitability of exporting processed cocoa products over raw cocoa beans for Nigeria's economy. His company, Johnvent Group, has become a key player in the global cocoa industry by fully integrating the value chain.

With the capacity to process 48,000 metric tons of cocoa annually and export to various regions including Europe, Asia, and the US, Johnvent Group is also involved in processing other agricultural commodities like sesame, legumes, cashews, and soybeans. Alamu's vision includes expanding the company's presence in Africa and the global nut value chain, contributing to food security and crop diversification.