Ethiopia, May 8 -- The African Development Bank (AfDB) and Dashen Bank have signed a $40 million trade finance transaction guarantee facility designed to strengthen Dashen Bank's ability to support Ethiopia's vital import and export sectors.Under the agreement, the African Development Bank will provide guarantees of up to 100 percent to confirming banks against non-payment risks associated with letters of credit and other trade finance instruments issued by Dashen Bank. The facility targets small and medium-sized enterprises (SMEs) and local corporates involved in the import of essential goods, aligning with broader efforts to deepen intra-African trade under the African Continental Free Trade Area.Speaking at the signing ceremony in Addis ...