L-R: Alexander Nuteh, Liberian minister of Agriculture; Olawale Rotimi, chief executive officer, JR Farms Group; Saran Kaba Jones, assistant minister/chief of staff Liberian, Ministry of Foreign Affairs, and Ibukunoluwa Okunola, associate EandC Legal, during the signing of the deal in Monrovia, recently.
EandC Legal, a leading African commercial law firm, has advised Nigeria’s JR Farms Group on a landmark US$60 million public-private partnership coffee concession agreement with the Government of Liberia aimed at revitalising the country’s coffee industry and expanding agricultural investment.
The deal, sealed on Monday in Monrovia, Liberia, is projected to attract more than $60 million in long-term investment into Liberia’s coffee sector while boosting export expansion, rural economic development and large-scale job creation.
The 20-year concession agreement was executed through Liberia’s Ministry of Agriculture and formally signed by the country’s Minister of Agriculture, J. Alexander Nuetah, and the Founder and Group Chief Executive Officer of JR Farms Group, Rotimi Olawale.
EandC Legal acted as lead transaction counsel on the cross-border investment deal, advising on the legal, regulatory and commercial structures underpinning the partnership.
