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The Central Bank of Kenya has signed a memorandum of understanding with the Toronto Centre for Financial Supervision, signed in Bangkok on the sidelines of the IMF and World Bank annual meetings, to strengthen supervisory training.

The Federal Government, the European Union and the European Bank for Reconstruction and Development signed a €14 million grant in Abuja to fund preparation of a planned 90,000-kilometre national fibre-optic backbone, though the money covers design and capacity building, not deployment.