Boone Gorges

This plugin adds a widget to your WPMU blog that allows the blog administrator to display a list of links from any blog on the installation. Imagine, for instance, that Josie is teaching a class in which she and each of her students have individual blogs. Josie’s got a list of important links (a class blogroll, or maybe links that are relevant to the class), and she’d like to share the links with her students. Using this plugin, her students can place a widget on their blogs that automatically pulls in a certain category of links from her blog.
At the moment, the plugin works like this: Drop the Shared Blogroll widget into one of your blog’s sidebars. You’ll need to know the blog_id of the blog from which you’ll be pulling the links. (This is the big weakness in the plugin for now. For the moment, I’ll probably add a line of code to the Dashboard that echoes the global $blog_id, so that blog owners will know their blog_id and be able to pass it along to other who want to share their links. In the future I may add autocomplete or something. If you have a suggestion, let me know.) Once you’ve entered the source blog id, the plugin automatically populates the Category dropdown list with the categories from the source blog, so if you only want to include one of the link categories you can. You can have as many shared blogroll widgets on a blog as you’d like.

Shared Blogroll

Creates a widget that pulls a category of links from any other blog on the same WPMU installation

Andrew Nacin

In WordPress 3.5, the Link Manager (which some use to build blogrolls) will 
be disabled by default. If you have links when you update, it’ll still be there. 
But you can use this plugin to ensure it will always be there, even if you 
update to a later version of WordPress or remove all of your current links.

Link Manager

Works on WP 6.1

Enables the Link Manager that existed in WordPress until version 3.5.

Shared Blogroll vs Link Manager