Weekend Reads Dawit Dagnew/Creative Commons license🇪🇹 Ethiopia’s enduring love for the Volkswagen beetle is unrivaled. The classic vehicle arrived in Ethiopia during the reign of Haile Selassie. It remains popular in part because of Ethiopia’s distorted car market, where import duties of up to 200% mean secondhand vehicles are wildly expensive, writes Fred Harler for The Guardian. 🇬🇳 Three years since a junta took power in Guinea, the promise of a new constitution, elections, and a transition to civilian government is in question as the military administration tightens its grip on power. Vincent Foucher and Joseph Petit write for African Arguments that the junta is taking “an increasingly authoritarian turn.” 🇰🇪 Kenyan police officers leading a UN-backed security mission in Haiti are struggling with salary delays and shortages of equipment and manpower, Edwin Okoth and Aaron Ross report for Reuters. The situation is fueling fears that the mission may not be able to meet deadlines set by the transitional government in its tussle for control with local gangs. 🇳🇬 Nigeria’s oil industry is in freefall as oil majors exit a market whose future looks bleak after decades of mismanagement, chronic investment, and corruption, bemoans the editorial board of Business Day newspaper. “These divestments are not business as usual…the multinationals are not just retreating; they are fleeing a sinking ship.” 🗓️ Week Ahead Sept. 8 — Algeria’s presidential election results will be announced after voting on Sept. 7. Sept. 11 — Nigeria’s High Court will rule on allowing bail for 10 protesters charged with treason and conspiring to incite the military to mutiny following last month’s nationwide protests against economic hardship. Sept. 11 — West Africa’s central bank, the BCEAO, will announce its interest rate decision. Sept. 12 — South Africa’s largest gathering of retailers and ecommerce entrepreneurs will take place in Johannesburg. Sept. 13 — A court in DR Congo is expected to announce a final verdict on an alleged coup attempt by around 50 men in May. Sept. 15 — Nigeria’s statistics office will release the latest inflation data as fuel price rises exacerbate tough times. |