Greenus Capital Secures $23 Million for Agricultural Processing

Greenus Capital Limited has successfully arranged $23 million in debt financing for Johnvents Industries Limited to enhance its agricultural processing operations. Based in Victoria Island, Lagos, Greenus Capital described the transaction as a testament to its role in providing strategic advisory and capital solutions for mid-sized companies across Africa.

Serving as financial adviser, originator, and arranger, the firm led the complex funding process, which attracted support from development finance institutions, with the International Finance Corporation taking the lead.

Chief Executive Officer Kunle Odeyemi stated that the financing will be used by Johnvents Industries to fund capital expenditures and meet working capital needs, enabling the company to expand its operations and strengthen its impact within the agribusiness and industrial value chain.

Odeyemi added that the deal reflects Greenus Capital’s commitment to unlocking growth opportunities for promising mid-market businesses across the continent.