This report summarizes the latest work undertaken in relation to the m-Powering Development Initiative based on the findings of Working Groups of experts on m-Health, m-Learning, m Commerce, Business Models and Advocacy to capitalize on and promote the new opportunities afforded by the growing availability and reach of mobile technology. The Working Groups identify the key stakeholders engaged in their respective domains of activity and cite real life examples of m powering good practices that can be replicated. The main identified gaps and challenges are also highlighted, as are recommended steps to address them. It also highlights the main conclusions reached by the m Powering Development Initiative Working Groups in their endeavour to leverage the transformative power of mobile technology for the common good, especially in the less developed and remote parts of the world.