SpenAgro poised for global Cocoa dominance, says CEO Mbachu

Chief Executive Officer of SpenAgro, Ebuka Mbachu, has said the company is taking decisive steps to position itself as a leading player in the global cocoa export market, as rising international demand continues to reshape the industry.

The global cocoa market has remained highly dynamic, driven largely by sustained demand from Europe and North America, even as West Africa accounts for most of the supply.

Latest figures from the International Cocoa Organization (ICCO) show prices rising by 3–5 per cent due to tightening supply. European grinders have increased processing volumes, while dark chocolate consumption trends in the United States and Asia have kept demand for high-quality beans on the rise.

Against this backdrop, SpenAgro, founded by agricultural professionals and enthusiasts, says it is stepping up efforts to exceed global industry benchmarks.

Mbachu said the company’s growth strategy is anchored on quality, sustainability, and farmer empowerment.

“As global demand for premium, ethically sourced cocoa continues to strengthen, our mission remains clear: to deliver world-class cocoa beans while empowering the farming communities at the heart of the value chain.

“Over the past month, we have expanded our export capacity, onboarded new partners, and deepened investments in sustainability initiatives that guarantee long-term supply stability,” he said.

He added that the company’s recent milestones reflect a deliberate push to position SpenAgro as a dependable supplier in a tightening international market.

Industry watchers say the firm’s swift rise underscores the strong leadership of Mbachu, whose focus on strengthening farmer networks, improving processing standards, and building credible export systems has set SpenAgro apart.

With global demand climbing and competition tightening, stakeholders agree that SpenAgro, under its confident and strategic CEO, is one company to watch in the months ahead.