Here's what you need to know about emerging markets this week, from the WSJ
News and analysis on the frontier markets
The decision by Kenya’s Supreme Court to annul last month’s presidential election marks a new threshold for democracy in Africa and a new front in a battle of ideas over resurgent authoritarianism elsewhere on the continent. The judges’ ruling is the first of its kind in Africa and marks only the fourth time globally that courts have overturned presidential poll results after Austria, the Maldives and Ukraine. Alex Vines, head of the Africa programme at UK think tank Chatham House, said the decision would galvanise institutions across Africa. “Its implications for the rule of law across the continent are massive: it will embolden courts far beyond Kenya’s borders,” he said. The United Nations believes Burundi’s authorities may have committed crimes against humanity in the wake of May 2015’s failed coup attempt and asked the International Criminal Court to open an investigation as soon as possible. In a report published this week, the UN Commission of Inquiry on Burundi said it has r...
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