In 2019, the African Export-Import Bank (AfreximBank) launched the idea of a continental transit guarantee system able to cover the risk of loss of import duties for customs authorities in the event that goods moving under a transit procedure and crossing the territory of more African countries, are diverted while in transit. The project, called AfreximBank African Collaborative Transit Guarantee Scheme” (AACTGS), aims at promoting intra-African trade under the African Continental Free Trade Area (AfCFTA), by facilitating the movement of goods across the continent through the replacement of the multiple national bonds (which are expensive and cause unnecessary delays at the borders), with a more efficient system of regional or continental bonds/guarantees. Because of these objectives, the AACTGS is considered as an AfCFTA-flagship initiative, whose implementation is expected to produce cost savings for African companies of more than 300 million USD per year because of the reduced transit burden.