U.S. Treasury to conduct test bond buyback operations

(Reuters) - The United States will buy back debt in the coming quarter for the first time since 2002 to make sure its computer infrastructure is adequate for any future buyback operations, the U.S. Treasury said on Wednesday.

AFRICA INVESTMENT: African nations race to build sovereign funds

JOHANNESBURG (Reuters) - Resource-rich African countries are busy setting up sovereign wealth funds, but critics say the funds may not serve the long-term interests of poor countries that still need to invest in basics such as schools and roads.