(Ekiti, Nigeria – February 22, 2024)
Ekiti State governor, Biodun Oyebanji, alongside US Consul General, Will Stevens, Former Ekiti State governor, Dr. Kayode Fayemi, Speaker of Ekiti State House of Assembly, and other dignitaries, have commended Cavista Holdings for its unwavering dedication to fostering investment and economic growth within the state.
Cavista Holdings, the parent company of Agbeyewa Farms Limited and Glocient Hospitality (managers of Ikogosi Warm Springs Resort and Conference Center) received the accolades during a visit by the US delegation to these prominent sites in Ekiti State.
During discussions on trade and investment with Charge D’ Affairs of the US Embassy, David Greene, and US Consul General, Will Stevens, Governor Abiodun Oyebanji lauded Cavista Holdings as a key contributor to the state’s economic prosperity agenda, emphasizing the alignment of vision and the substantial dividends it has brought to Ekiti.
Echoing the sentiment, Rt. Honourable Adeoye Stephen Aribasoye, Speaker of the Ekiti State House of Assembly, expressed delight at the significant investments made by Cavista Holdings in his constituency, particularly at Agbeyewa Farms. He pledged the Assembly’s support for the company’s initiatives, including its plans for extensive cassava production, aimed at bolstering employment opportunities for Ekiti indigenes.
US Consul General, Will Stevens, commended Agbeyewa Farms as a remarkable investment, underscoring the pride of the US in its association with such ventures. He also praised the transformation of Ikogosi Resort by Glocient Hospitality, a Cavista Holdings subsidiary, highlighting its historical significance dating back to the vision of missionary John McGee in 1952. Stevens affirmed the US government’s commitment to collaborating with Cavista Holdings to strengthen bilateral relations.
Former Governor of Ekiti State, Dr. Fayemi, expressed pride in the successful restoration of Ikogosi Warm Springs resort, citing it as validation of the state government’s decision to privatize critical assets. He emphasized the importance of prioritizing security and fostering community engagement to ensure a conducive environment for foreign direct investment.
The collective acknowledgment from state officials and the US delegation underscores Cavista Holdings’ pivotal role in driving economic development and fostering international partnerships within Ekiti State.
About Agbeyewa Farms:
Agbeyewa Farms Limited, a subsidiary of Cavista Holdings, is a leading agro-allied company committed to transforming agriculture in Africa.
With a strong focus on innovation, the company is spearheading a Cassava Revolution—aimed at transforming the process of cassava cultivation, aggregation, processing, and market integration, driving food security and economic development across the continent.
Through its Corporate Social Responsibility (CSR) initiatives, led by the Agbeyewa Farms Community Development Foundation (AFCDF), the company also drives impactful programs in Education, Economic Empowerment, Environmental Sustainability, Health, and Sports, fostering meaningful and lasting change in the communities it serves.
For inquiries, please visit agbeyewa.com or contact Dauda Lawal at dlawal@cavistaholdings.com
About Cavista Holdings
Guided by the belief that business is a force for good, Cavista Holdings is a global investment and holding company committed to creating value and transforming lives through strategic investments.
Operating across four continents, our portfolio of companies delivers innovative products and services in key sectors including Agriculture, Financial Services, Healthcare, Hospitality and Technology.
For more information, please visit cavistaholdings or contact Uchenna Ibemere at uibemere@cavistaholdings.com
