Mozambique, March 11 -- The African Development Bank Group has approved a $20 million Trade Finance Transaction Guarantee facility for Banco Comercial e de Investimentos S.A. (BCI), Mozambique's leading commercial bank, to expand access to trade finance for small and medium-sized enterprises (SMEs).The three-year facility will provide up to 100% guarantee coverage to international confirming banks for trade finance transactions issued by BCI, helping to address the country's widening trade finance gap. With transaction rollovers, the facility is expected to support up to $120 million in trade flows over 3 years. This transaction-specific facility will strengthen BCI's role in expanding trade finance in Mozambique, by increasing support for ...