Cutting- edge technology companies join forces in addressing counterfeits, adulteration, and gray-market activities
SCRIBOS is amongst the first companies to join the African Continental Free Trade Area (AfCFTA) Secretariat’s initiative to eradicate counterfeit products from the African continent. The platform, powered by OriginAll, will support government authorities in their efforts to protect the interests of AfCFTA member
States and the safety of its citizens by providing authorized agencies and consumers with means to better differentiate legitimate from counterfeit or illicitly traded products:
The organizations will achieve this by integrating SCRIBOS’s patented ValiGate® anticounterfeiting solutions into the AfCFTA OriginAll platform ensuring that products currently using ValiGate®, either in form of a label or directly printed onto the packaging, or products that will carry ValiGate® in the future, can be verified through the AfCFTA OriginAll platform.
This strong partnership tremendously increases trust and transparency along complex supply chains. The ValiGate® security tag can be checked by every authorized stakeholder group.
Earlier this year, the Secretariat of the African Continental Free Trade Area (AfCFTA), the Future Investment Initiative Institute (FII-Institute) and OriginAll S.A. signed an agreement, which represented the world’s highest impact effort ever to be launched in the fight against counterfeiting and illicit trade. The agreement will ultimately benefit over 1.2 billion people, protect the national interests of all AfCFTA member States and the safety and wellbeing of their citizens. The initiative will deprive criminal, terrorist and disruptive structures from one of their main sources of revenues, channeling back billions of dollars into the region’s legitimate economy.