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Aug 6, 2026

AfCFTA signs $3.1 billion customs modernization deal with Nigerian firm Bergmans Security

The African Continental Free Trade Area Secretariat has signed a 20-year, $3.1 billion concession agreement with Nigeria's Bergmans Security Consultants and Supplies Ltd to implement a continent-wide customs system aimed at boosting intra-African trade.

Aug 6, 2026·4 sources
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Top claims

  • ▪Bergmans Security Consultants and Supplies Limited will fully finance the $3.1 billion project and deploy digital and physical customs infrastructure, including advanced non-intrusive inspection technology and integrated data centres.
  • ▪The customs modernisation project is designed to support the African Continental Free Trade Area's goal of creating a single market of 1.3 billion people with a combined Gross Domestic Product of $3.4 trillion.
  • ▪According to African Continental Free Trade Area Secretary-General Wamkele Mene, intra-African trade reached $220 billion in 2024, representing a 12.5% increase year-on-year.

Subtopics

Global trade1Protectionism vs free trade1Trade agreements & blocs1

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