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AfCFTA signs $3.1bn customs modernisation deal to boost intra-African trade
NG🏛️ PoliticsCenteryesterday

AfCFTA signs $3.1bn customs modernisation deal to boost intra-African trade

The African Continental Free Trade Area (AfCFTA) Secretariat has signed a $3.1 billion concession agreement with Bergmans Security Consultants and Supplies Limited to modernize customs administration across Africa. The 20-year deal aims to enhance intra-African trade by deploying digital technologies and improving customs infrastructure. The agreement was signed in Abuja and follows a prior memorandum of understanding between the two parties. AfCFTA Secretary-General Wamkele Mene highlighted the project's potential to create a unified continental market of 1.3 billion people and boost economic integration. He emphasized Nigeria's successful customs reforms as inspiration for the initiative, noting that Bergmans' digital solutions improved cargo clearance and revenue collection in Nigeria.

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The Punch logoThe PunchIndependentCenteryesterday
AfCFTA signs $3.1bn customs modernisation deal to boost intra-African trade

The African Continental Free Trade Area (AfCFTA) Secretariat has signed a $3.1 billion concession agreement with Bergmans Security Consultants and Supplies Limited to modernize customs administration across Africa. The 20-year deal aims to enhance intra-African trade by deploying digital technologies and improving customs infrastructure. The agreement was signed in Abuja and follows a prior memorandum of understanding between the two parties. AfCFTA Secretary-General Wamkele Mene highlighted the project's potential to create a unified continental market of 1.3 billion people and boost economic integration. He emphasized Nigeria's successful customs reforms as inspiration for the initiative, noting that Bergmans' digital solutions improved cargo clearance and revenue collection in Nigeria.

Bias read (Center): The article presents the agreement as a significant step toward enhancing African trade and economic integration, emphasizing collaboration between the AfCFTA and private sector partners. While the subject involves international trade agreements and economic development, the framing remains neutral,

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