TEHRAN (ANA)- Kenya signed a memorandum of understanding (MoU) with the United Nations that seeks to boost the development of Konza Technopolis, located about 70 km south of the Kenyan capital of Nairobi.

TEHRAN (ANA)- The Central Bank of Kenya decided to maintain its benchmark lending rate at 13 percent, despite a decrease in inflation.

TEHRAN (ANA)- The Eastern Africa Grain Council (EAGC), a regional umbrella body of the grain sector, launched a three-year project to boost regional trade in grains.

TEHRAN (ANA)- Tanzania's Central Bank announced an increase in the central bank rate or policy rate from 5.5 percent in the first quarter of 2024 to 6 percent in the second quarter.

TEHRAN (ANA)- The United Nations World Food Program (WFP) warned that Sudan's hunger crisis will worsen unless its people receive a constant flow of aid via all possible humanitarian corridors.

TEHRAN (ANA)- The Ethiopian government and the World Bank have signed financing agreements amounting to 1.72 billion U.S. dollars in support of Ethiopia's development.

TEHRAN (ANA)- Zimbabwe introduced to the market the much-awaited structured currency that monetary authorities expect to foster currency stability and contain rising inflation.

TEHRAN (ANA)- The Kenya shilling strengthened against the U.S. dollar to close the week at the 130 mark, the strongest level in about a year.

TEHRAN (ANA)- The International Monetary Fund (IMF) has forecasted a 2.6 percent growth for the Angolan economy in 2024, while highlighting high risks due to the country's heavy reliance on oil, banking vulnerabilities and high debt levels with uncertain market access.

TEHRAN (ANA)- The World Bank reaffirmed its commitment to collaborating with the government of Tanzania to help the country overcome demographic challenges for sustained economic growth and development.