The African Continental Free Trade Area Secretariat has signed a landmark 20-year, $3.1 billion concession agreement with Nigerian firm Bergmans Security Consultants and Supplies Limited to overhaul and digitise customs administration across Africa. Fully funded by Bergmans and executed through its subsidiary AfriTrade CMP Limited, the project will deploy advanced digital infrastructure, non-intrusive inspection technology, and real-time cargo tracking across 50 participating countries. Inspired by a successful Nigerian model that boosted local customs revenue by 90.4%, the initiative aims to eliminate border bottlenecks, curb corruption, and help double intra-African trade by 2035.
Story comments
Loading comments…