Kenya, Oct. 15 -- The African Development Bank Group and Equity Bank Kenya Limited have signed a USD 60 million Trade Finance Transaction Guarantee Facility to provide small and medium-sized enterprises and local corporates in Kenya expanded access to trade finance.Under the facility, the Bank Group will provide guarantees of up to 100% to confirming banks against non-payment risk arising from eligible letters of credit and similar trade finance instruments issued by Equity Bank Kenya.By reducing the risk faced by confirming banks, the facility is expected to increase their capacity to support transactions originated by Equity Bank Kenya. It will help Kenyan businesses secure financing for eligible imports and participate more effectively i...