Kenya, Dec. 19 -- The Board of Directors of the African Development Bank Group has approved a $60 million Trade Finance Transaction Guarantee facility to support the trade finance activities of Equity Bank (Kenya) Limited.The facility will enable Equity Bank to provide guarantees of up to 100 percent to confirming banks for non-payment risks arising from the confirmation of Letters of Credit and similar trade finance instruments that it issues in Kenya. The facility will provide much needed import trade finance requirements to small- and medium-sized enterprises (SMEs) and local corporates in Kenya. It will also support intra-Africa trade, thus directly contributing to the successful implementation of the African Continental Free Trade Area...