Brazilian meatpacker JBS agrees to invest $2.5 bln in Nigeria, build six factories-March 2024-www.financetom.com

Brazilian meatpacker JBS agrees to invest $2.5 bln in Nigeria, build six factories

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Brazilian meatpacker JBS agrees to invest $2.5 bln in Nigeria, build six factories

Nov 21, 2024 6:20 PM

SAO PAULO, Nov 21 (Reuters) - Brazilian meatpacker JBS

said on Thursday it has signed a memorandum of

understanding with Nigeria's government for a five-year $2.5

billion investment plan in the African country, including the

building of six new factories.

In a statement, JBS said three of the factories would deal

in poultry, two in beef and one in pork.

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