How to revolutionise international trade with AI
This article was originally published in French in Jeune Afrique, May 2024.
Our valuation, classification and risk management solutions reduce fraud and secure revenues. In Africa's growing economy, customs authorities are facing many challenges such as securing revenues, fighting to reduce capital flight, eliminating fraud, and expediting the clearance process to accommodate more goods at a given time. While international trade is already complex, traditional trade methods make it even more difficult to manage.
It is time to revolutionise the trade landscape to maximise trade efficiency and minimise unwanted and hidden costs. How? The answer is "AI".
Meet Webb Valuation, our valuation and classification system as well as Webb Customs, our Customs system, both systems integrate Webb Risk Intelligence, our AI-based risk management system. Webb Valuation provides accurate and swift value control of goods before reaching the border which speeds up verification, it automates risk assessments, and offers total transparency on expected clearance costs.
Webb Customs, the latest generation of customs systems, powered by Webb Risk Intelligence, employs machine learning to provide predictive risk analysis, performs random inspections to prevent fraudulent activity and ensures all documents and authorisations are processed accurately.
"Africa presents a massive opportunity for international trade, and we invite the governments and the regulatory agencies to unlock the full potential of this thriving continent by adopting AI-powered solutions." Alioune Ciss, CEO, Webb Fontaine
By combining these powerful AI systems with effective knowledge and technology transfer and capacity building sessions to the governments, Webb Fontaine boosts the trade revolution across African borders.
As international trade in Africa continues to expand, embracing AI-powered advanced technologies is essential for customs authorities. Are you ready to set your trade landscape for a revolution?
About Webb Fontaine
Webb Fontaine is revolutionising international trade by empowering governments and communities with technology powered by AI. We offer comprehensive solutions across the trade spectrum, ranging from risk management to customs systems, single window, and beyond. Webb Fontaine is headquartered in Dubai, UAE with a presence across Europe, Middle East, South America, Asia and Africa.
