VC-A Expands Its Horizons with a Strategic Partnership
We are thrilled to announce a significant milestone at VC-A as we have recently acquired a minority equity stake in the International Center for Trade Transparency & Monitoring (ICTTM).
ICTTM is on a mission to reshape the global trade landscape, making it more transparent, equitable, and efficient. With the utilization of cutting-edge technology, they are constructing a global trade ecosystem that prioritizes these values for all participants.
This collaboration is made possible by our affiliation with the International Trade Council, where VC-A proudly holds accredited membership.
To commence this partnership, we have gained access to their comprehensive platform, which features a diverse membership spanning 1,732 industries across 179 countries, along with the active participation of over 14,000 investors.
Our primary objective in forming this alliance is to enhance our presence within the international trading community for commodities and other goods. We aim to offer a range of fundraising services, including:
- Facilitating the issuance and monetization of financial instruments such as LOC, SBLCs, DLC, and BGs.
- Monetizing import-export guarantees issued by relevant credit agencies in collaboration with the CTIP.
- Establishing Trading Funds.
- Connecting potential buyers and sellers of commodities and other goods.
Furthermore, we are exploring the creation of our own trading platforms, leveraging VC-A's internal capabilities. Our initial endeavour in this direction is the establishment of an oil and gas platform in Nigeria, focusing on the import of refined oil products.
This strategic alliance signifies a significant step forward for VC-A and reinforces our commitment to driving innovation and transparency within the global trade landscape. We look forward to the exciting opportunities and partnerships this venture will bring, and we will continue to keep you updated on our progress.