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NAIROBI, July 17 (Xinhua) — Kenya’s Stanbic Bank and the Industrial and Commercial Bank of China (ICBC) launched an initiative in Kenya on Wednesday to boost China-Africa trade. The two banks have partnered with Chinese trade agent Zhejiang International Trading Supply Chain Co., Ltd.. The Africa China Agent Proposition (ACAP) connects African importers with Chinese suppliers and eases importers’ cash flow by providing financial support and facilitating importing and logistics process. The ACAP initiative has already been rolled out […]

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