A Nigerian agribusiness firm, JR Farms Group, has signed a major $60 million public-private partnership (PPP) concession agreement with the Government of Liberia to revitalise the country’s coffee sector.
The 20-year deal, signed on Monday in Monrovia, aims to boost agricultural investment, develop the coffee value chain, and drive economic growth in Liberia. Nigerian commercial law firm EandC Legal provided advisory support as lead transaction counsel, guiding legal, regulatory, commercial, and negotiation aspects of the partnership.
Liberia’s Minister of Agriculture, Dr. J. Alexander Nuetah, described the partnership as a significant milestone for reviving the coffee industry, empowering farmers, creating jobs, and unlocking economic opportunities for rural communities.
JR Farms Group Founder and Group CEO, Mr. Olawale Oyeyemi, highlighted the alignment with the company’s vision of expanding African agricultural value chains. He noted Liberia’s rich coffee heritage as the origin of the Liberica variety — and its potential for scaled production and global competitiveness.
The
This post was originally published on this site.
