Nigerian agribusiness tycoon John Alamu’s Johnvents set for $72 million World Bank loan
The World Bank's private-sector arm plans to lend $72 million to John Alamu's Johnvents for new sesame and cashew processing plants in West Africa.
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The World Bank's private-sector arm plans to lend $72 million to John Alamu's Johnvents for new sesame and cashew processing plants in West Africa.
John Alamu started with ₦100,000 lending to market women in 2014. At 34 he runs Nigeria's largest cocoa processor and a bank in two countries.
Regius Capital debuts in Nigeria’s debt market, backing Johnvents’ $20 million commercial paper issuance under its broader programme.
John Alamu is turning to Nigeria’s capital markets to fund the next phase of Johnvents Industries’ cocoa processing and export expansion.