Slice bacon into bite-size pieces. Fry in skillet. Reserve the bacon grease; set bacon pieces aside on a paper towel lined plate.
Dice jalapeno, onion, and sweet peppers. Then, add to a large pot, cover with bacon grease and cook on medium-low heat for 15 minutes; stirring often.
Add bacon, smoked sausage, brown sugar, salt, pepper, cajun seasoning, peanut butter, apple cider vinegar, and garlic to pot. Cook for 5 minutes.
Add uncooked rice and chicken broth to the pot. Bring to simmer. Cook, uncovered, 25-30 minutes until rice is tender and liquid is absorbed. Stirring every 5 minutes so rice doesn’t stick to the bottom.