Sunbeth Global Concepts Limited has been assigned national scale ratings of BBB+ long-term and A2 short-term, with a Stable Outlook, by Global Credit Ratings, now part of Moody’s global network.
In a statement made available to our correspondent on Monday, the rating recognises Sunbeth’s financial strength and operational credibility within Nigeria’s agribusiness sector. GCR highlighted the company’s position as an indigenous exporter of cocoa, cashew, sesame, and other commodities.
According to GCR, Sunbeth has maintained a robust earnings profile, achieving a five-year compound annual growth rate of 140 per cent, and projects an EBITDA margin recovery of 13 to 15 per cent in 2025.
The stable outlook reflects expectations of continued export-led performance and improved liquidity.
The Managing Director of Sunbeth Global Concepts, Olasunkanmi Owoyemi, said, “Our growth reflects our dedication to empowering farmers and driving socio-economic impact. This rating will further bolster our efforts to attract strategic partners who share our vision for a sustainable and prosperous future.”
Additionally, the Regional Head, Structured Trade Finance, Abiodun Ariyo, said, “This rating from GCR is a significant milestone that validates our unwavering commitment to sound governance, strategic risk management and operational resilience. It is a demonstration of the hard work of our team and the strength of our business model.”
The statement noted that Sunbeth continues to scale its structured sourcing model, prioritising sustainability and traceability, with 124,000 hectares of farmland mapped as deforestation-free and 68,000 metric tonnes of traceable cocoa. It added that the company aims to leverage the investment-grade rating to access longer-tenor, better-priced capital to expand infrastructure, strengthen supply chains, and deepen impact at origin.
