A new report from the World Bank and African partners, Africa's Infrastructure: A Time for Transformation, highlights the findings of a 24-country study and urges increased investment in four critical areas: energy, transport, water, and information and communications technology.

IFC has affirmed its commitment to expanding activities in Liberia to contribute to the country’s development through the private sector.

Stanbic Bank Uganda has teamed up with the Alliance for a Green Revolution in Africa and Kilimo Trust to create a US$25mn fund for smallholder farmers and agricultural businesses previously considered too risky for lending.

Global Marketing Network (GMN) has launched a new global academic standard for the marketing fraternity, called The Global Marketer Programme.

The Abu Dhabi Fund for Development (ADFD) has inked a AED169mn (US$ 46mn) loan agreement to construct a vital 77km highway linking two of the most important cities in Tanzania: Kidaho and Ovinza. This road is part of a key highway linking the western part of the country with Dar as Salam in the east.