JR Farm Group Secures $60M Coffee Deal in Liberia

JR Farm Group has entered into a $60 million public-private partnership concession agreement with the Liberian government to revitalize the country's coffee industry. The agreement, signed on Monday in Monrovia, aims to create agricultural investment opportunities and develop the coffee value chain over the next 20 years.

The deal was executed by Liberia's Minister of Agriculture, Dr. J.

Alexand Nuetah, alongside JR Farm Group's founder and CEO, Mr. Olawal Oyeyemi.

EandC Legal acted as the lead transaction counsel, providing advisory support and ensuring compliance with legal and regulatory frameworks. The project is expected to develop 250,000 hectares of coffee plantations and plant approximately 200 million coffee trees, benefiting 200,000 farmers and generating 300,000 direct and indirect jobs across Liberia's coffee value chain.

This partnership is seen as a significant milestone in reviving Liberia's coffee sector and empowering rural communities.