Sunbeth Global Concepts Limited has received national scale ratings with a stable outlook from Global Credit Ratings (GCR), an investment-grade rating that will position the agribusiness firm to access longer-tenor, better-priced capital to expand infrastructure, strengthen supply chains, and deepen impact at origin.
The ratings, including BBB+(NG) (long-term) and A2(NG) (short-term), demonstrate Sunbeth’s financial strength and operational credibility within Nigeria’s agribusiness sector, the company said in a statement seen by BusinessDay.
GCR rating reflects Sunbeth’s competitive position as one of Nigeria’s leading indigenous exporters of cocoa, cashew, sesame, and other commodities.
Since commencing operations in 2017, the company said it has built a structured export model supported by more than 250 buying agents, strong regional sourcing networks, and vertically integrated logistics through its affiliated entities, ensuring reliable supply and consistent delivery to global buyers.
GCR highlighted Sunbeth’s robust earnings profile, with a five-year compound annual growth rate of 140 percent. Despite commodity price swings and a challenging macroeconomic environment, the company has maintained strong cost discipline and is projecting an EBITDA margin recovery to between 13 to 15 percent in 2025.
Read also: Nigeria’s Sunbeth earns ‘A’ rating from DataPro on strong growth
The stable outlook reflects expectations of continued export-led performance and improved liquidity.
“GCR acknowledged that although Sunbeth continues to navigate the challenges of a high-interest environment and the working-capital intensity of the export trade, its scale, operational integration, and commitment to sustainability position it favourably within the domestic market,” the company wrote in a statement.
“The agency stated that Sunbeth’s strong export earnings and ongoing efforts to improve cash-flow discipline support its ability to meet financial obligations and chart a more stable, long-term growth path,” it added.
Olasunkanmi Owoyemi, managing director of Sunbeth Global Concepts, said the new rating reflects the company’s dedication to empowering farmers and driving socio-economic impact, adding that the firm’s compelling ESG-aligned investment proposition delivers strong financial returns while generating verifiable socio-economic impact and contributing significantly to global food security.
“This rating will further bolster our efforts to attract strategic partners who share our vision for a sustainable and prosperous future,” Owoyemi said.
Abiodun Ariyo, regional head, Structured Trade Finance, described the rating as a “significant milestone that validates our unwavering commitment to sound governance, strategic risk management, and operational resilience.”
“We have consistently focused on building a transparent, resilient, and scalable enterprise, and this rating confirms our success in creating a low-risk, high-return investment opportunity for our partners.”
The GCR rating was issued following an independent assessment of Sunbeth’s operations, governance structure, and financial performance. The company also received an “A” rating from DataPro in September 2025, further strengthening its credit profile.