Business News of Friday, 24 May 2019Source: www.ghanaweb.comStandard Bank’s ACAP opens China to African businessesHead of Africa-China Integration for Standard Bank, Dr. Mannessah AlagbaosoStandard Bank has launched an Africa China Agent Proposition (ACAP) which aims to assist African importers source and validate quality goods, safely and efficiently from the most competitive suppliers in china. The ACAP offering is expected to revolutionise African importer’s view of China’s supplier worldwide. This limits the negotiating power of African importers while stacking the terms of trade against them. ”Dr. Alagbaoso further added that, he was confident the ACAP offering will ease the cash flow of African importers. “This according to him will allow African importers to keep cash in their businesses for growth.

Source: GhanaWeb May 24, 2019 09:43 UTC