Spread the chopped bacon out in a pot so it covers the bottom completely and turn the heat to medium. Fry it until it's crispy, then remove the bacon with a slotted spoon and reserve. Drain off all but about 1 tablespoon of bacon fat.
Add the onion and green pepper and sauté for 2 to 3 minutes.
Add the okra and increase the heat to high. Add the cayenne, salt and rice and stir-fry for 1 minute.
Stir in the chicken broth, cover and bring to a boil. Reduce the heat to maintain a low simmer and cook until the rice is done, about 20 minutes.
Fluff up the rice with a fork and stir in the chopped bacon.
*Review the instructions on your package of rice for how much liquid is needed for your particular brand of rice. Some rice calls for a 1:1 1/2 ratio, some 1:2 ratio, rice to liquid. Use whatever ratio is indicated by your rice package.
Recipe adapted from Simply Recipes