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.

Abu Dhabi Fund for Development (ADFD) has signed an agreement to provide AED36.73mn (US$10mn) as a concessionary loan to Burkina Faso's government.

The world's biggest handset manufacturer Nokia has teamed with Obopay to launch a mobile financial management and payments service targeted at unbanked people in developing countries.

The Food and Agriculture Organization (FAO) has started a major operation in support of small scale farmers in Zimbabwe as part of its joint efforts with the European Union (EU) to fight hunger this year.

The Food and Agriculture Organization and the Islamic Development Bank have reached a $1bn agreement to fund agricultural development.