KINSHASA (Reuters) - Democratic Republic of Congo has launched its first agricultural business park, the initial step in a plan to use its vast tracts of arable land to produce food, create jobs and wean the economy off its dependence on mining.

ABUJA (Reuters) - Nigerian President Goodluck Jonathan on Wednesday sought approval from parliament to borrow up to $1 billion abroad to help the armed forces tackle the security threat posed by the Islamist insurgent group Boko Haram.

Washington: Golf legend Gary Player, who scored one of his most memorable victories at the British Open forty years ago, has said that golf needs `icons` like Tiger Woods. Player is willing Woods to win the 2014 British Open at Hoylake. South Africa`s Player, ...

Finance Minister Seth Terkper says the country was unable to meet its key revenue targets as development partners held back on grants and domestic revenue mobilisation efforts were derailed by weak tax collection. Total revenue and grants for the period was GH¢ 19,471.6 million, equivalent to 20.8 percent of GDP, against a target of GH¢ 22,533.4 million, equivalent to 25.4 per cent of GDP. He said the outturn was 13.6 per cent lower than the budget target and 16.8 per cent higher than the outturn

Is News Corp heading for a future without the Murdochs? Maiden: $US80b Time Warner bid is vintage Murdoch · Bid boosts Carey's prospects as Murdoch sons jockey for position · Rupert Murdoch's $US80b Time Warner bid spurned. Rupert Murdoch has ...

(Adds date in headline) The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. - - - - - EVENTS: KENYA-The central bank sells 91-day Treasury bills. GLOBAL MARKETS Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the U.S. Federal Reserve is tilting toward tighter monetary p

The New Patriotic Party has decided on August,31 as the date for its special congress. The First Vice Chairman of the party, Freddy Blay, told Citi News on Tuesday that the National Executive of the party had submitted a proposal to the National Council, requesting that the Special Congress be held on August, 30. The ...

An uptrend in regional markets drove Philippine share prices higher toward the noon break Thursday, outweighing the negative impact of Typhoon Glenda (Rammasun) on investors' sentiment. The bellwether PSEi added 27.96 points or 0.41 percent to ...

Federal Reserve Chair Janet Yellen said Wednesday it would be a serious mistake for Congress to require the nation's central bank to adopt a formal policy rule to guide its decisions on setting interest rates. By MARTIN CRUTSINGER, AP Economics Writer ...