By Dayo Johnson, Akure

In a bid to transform agricultural and economic development on a global scale, an agribusiness and manufacturing firm, Johnvents Industries, has commenced its global commodities trading subsidiary in Dubai Multi Commodities Centre (DMCC) in Uganda.

Speaking on the development, the head of business at Johnvents Industries DMCC, Sanjay Purohit, said the commencement of Uganda operation marked a significant step of the firm’s mission towards becoming a leading force in international agricultural trade.

Purohit, said that “the Ugandan expansion allows Johnvents to tap into the country’s rich agricultural resources, focusing on essential commodities like kidney beans, coffee, cotton, and other key cash crops.

“Headquartered in Dubai, UAE, Johnvents Industries DMCC leverages its strategic location and robust infrastructure to source and trade premium agricultural commodities across Africa, Asia, and Europe.

 “Our Ugandan launch represents a vital chapter in Johnvents Industries DMCC’s journey to becoming a global leader in sustainable and responsible commodity trading.

“We are committed to working closely and fostering strong relationships with Ugandan farmers to ensure they receive fair compensation for their crops while expanding access to these essential commodities for international markets.

“Johnvents Industries DMCC’s Uganda operations will serve as a springboard for further expansion across Africa.

“We are also establishing presence in key markets, including Senegal, Tanzania, Togo and Burkina Faso, with a short-term vision encompassing India, Vietnam, China, and the rest of the world.”

The Managing Director, CapitalSage Holdings (owner of Johnvents Group) John Alamu, said the firm is committed towards promoting and driving agricultural transformation across the globe.

Alamu said “We are dedicated to promoting sustainable farming practices throughout our supply chain.

“This ensures the long-term viability of agriculture within the communities we serve, fostering a future of shared prosperity.”

Johnvents Industries DMCC is the global commodity trading arm of Johnvents Group, a leading African agribusiness and manufacturing group.

Johnvents Industries DMCC specializes in strategically sourcing and trading premium agricultural commodities, including hibiscus, ginger, maize, sorghum, cocoa, soya bean, sesame and FMCG products.