Aid to Help Asia and Africa With Effects of Warming

The Rockefeller Foundation says it will invest $70 million to help Asian cities and African farmers withstand floods, droughts and other global warming hazards. nytimes.com

AfDB loans $50 mln for Africa satellite link

The African Development Bank (AfDB) has approved a $50 million loan towards the construction of a satellite to boost communications in Africa's rural areas, the bank said. africa.reuters.com

Annan Tells EU to Help Continent End Poverty

Africa needs a Marshall Plan anchored on a rejuvenated agricultural sector to rescue the continent from poverty and steer it to economic prosperity. East African Standard / http://allafrica.com

East Africa: Three Economies Begin to Converge

Economies of the original member states of the East African Community post modest achievements during 2006 in their convergence efforts, says the East African Development Bank. East African / http://allafrica.com

East Africa: Comesa Plans Bourse Unity

Stock exchange heads from the Common Market for Eastern and Southern Africa (Comesa) region have agreed to work towards integrating their securities markets. East African Standard / http://allafrica.com

Ghana: Prez Kufour Tells BoG to Include the Poor in Capital Market

President John Agyekum Kufuor has asked the Bank of Ghana (BoG) to develop the domestic capital market to include the poor in order to curb poverty. Public Agenda / http://allafrica.com

Nigeria working with US on $6 mln bribery probe

Nigeria's anti-corruption police is working to uncover who allegedly received $6 million in bribes from a U.S. oil services executive who has been indicted in the United States, the head of the force said on Thursday. africa.reuters.com

Zambia suspends anti-drug chief

Zambia's President Levy Mwanawasa suspends the head of the anti-drug unit for alleged abuse of office. bbc.co.uk

Ghana: France Boosts the Rice Industry in Northern Ghana

Two financing agreements for a cumulative amount of 13.8 million euros has been signed between the governments of Ghana and France to support the rice industry in the Northern, Upper East, Upper West and Volta regions of Ghana. Ghanaian Chronicle / http://allafrica.com

Kenya: World Bank to Help Farmers Get Market Data

Efforts to make Kenya a technology-driven economy is set to go into high gear with the launch of a World Bank finance project to make commodity pricing information available to farmers electronically. Business Daily / http://allafrica.com

South Africa: IMF Doubts Country Will Reach 6 Percent Growth

The International Monetary Fund (IMF) has given SA's economy a broad thumbs up, but does not think growth will meet the 6% expansion rate targeted by the government for 2010 and beyond. Business Day / http://allafrica.com

Kenya: Country in Top 20 in ICT Listings Globally

The World Economic Forum's Global Information Technology report has slotted Kenya in the 12th position for her efforts in developing information and communication technology (ICT) sector. East African Standard / http://allafrica.com

Britain withholds Malawi aid amid political impasse

Britain is withholding 20 million pounds in aid to Malawi until the southern African nation's parliament approves a government budget for 2007/2008, Britain said on Monday. africa.reuters.com

UK state firm to build 200 MW Cameroon hydro plant

Sud Energie, controlled by British state-owned emerging markets power generator Globeleq, has signed a deal to build the new 200 megawatt (MW) Memve'ele hydropower station in Cameroon. africa.reuters.com

Tanzania: UK Firm Invests $20m in Biofuel Farm

Tanzania has landed a Tsh25.3 billion ($20 million) biofuel processing project that will see large-scale planting of jatropha oilseed crops for the production and distribution of crude and refined products. East African / http://allafrica.com

Liberia: Firestone Negotiations Resume in Monrovia

The Government of Liberia and the Firestone Plantation Company have resumed negotiation of the Concession Agreement between the Government of Liberia and Firestone Plantations Company and Firestone National Rubber Company, UK. The Inquirer / http://allafrica.com

Zim mobile outfit loses licence

Zimbabwe has cancelled the operating licence of one of its three mobile phone firms for having a majority foreign shareholding in breach of local laws, the state telecommunications agency said on Friday. iafrica.com

Pfizer wins US approval for new HIV drug

Pfizer Inc said on Monday that U.S. regulators approved its AIDS drug, Selzentry, the first in a new class of oral HIV medicines. africa.reuters.com