Afreximbank and BSMART Technology Ltd have expanded the Afreximbank African Collaborative Transit Guarantee Scheme (AACTGS) to cover container deposits and customs bonds in East Africa.
This move aims to enhance trade facilitation and reduce the financial risks associated with international trade, particularly for small and medium-sized enterprises (SMEs) operating in the region[1][2][3][5].
Citations:
[1] https://www.afreximbank.com/afreximbank-and-bsmart-technology-ltd-expand-the-afreximbank-african-collaborative-transit-guarantee-scheme-aactgs-to-cover-container-deposits-and-customs-bonds-in-east-africa/
[2] https://www.independent.co.ug/afreximbank-expands-container-guarantee-scheme-in-east-africa/
[3] https://www.railwaysafrica.com/news/afreximbank-and-bsmart-technology-ltd-expand-the-afreximbank-african-collaborative-transit-guarantee-scheme
[4] https://www.afreximbank.com
[5] https://freshangleng.com/opinion-20?lang=en&pr=308442&q=afreximbank-and-bsmart-technology-ltd-expand-the-afreximbank-african-collaborative-transit-guarantee-scheme-aactgs-to-cover-container-deposits-and-customs-bonds-in-east-africa