Get Guardian on GoogleAfrican commercial law firm, EandC Legal, has advised Nigeria’s JR Farms Group on a landmark $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, Dr Alexander Nuetah, and the Founder and Group Chief Executive Officer of JR Farms Group, Mr 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.
Speaking on the transaction, Founder and Lead Partner of EandC Legal, Omoruyi “Uyilaw” Edoigiawerie, described the agreement as a major example of how strategic legal advisory services could drive economic transformation across Africa.
“This transaction exemplifies the transformative power of strategic public-private collaboration in unlocking Africa’s economic potential,” Edoigiawerie said.
He added: “We are proud to have advised JR Farms Group on a landmark investment expected to strengthen agricultural productivity, create significant employment opportunities and drive sustainable economic growth across Liberia.”
