Gambia Chooses Lawmakers as Leader Seeks Backing for Reforms

Gambia Chooses Lawmakers as Leader Seeks Backing for Reforms

BANJUL (Capital Markets in Africa) – Gambians are going to the polls on Thursday in a parliamentary vote that will be crucial for the new government’s ability to implement reforms after two decades of rule by Yahya Jammeh, the former dictator ousted by West African neighbors in January. President Adama Barrow defeated Jammeh in presidential elections in December with the support of seven political parties that had rallied behind him amid growing discontent with the former leader’s repressive regime. While…

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Ghanaians Vote in Tight Election as Mahama Seeks Second Term

Ghanaians Vote in Tight Election as Mahama Seeks Second Term

ACCRA (Capital Markets in Africa) – Voting is under way in Ghana as the nation decides whether to grant President John Mahama a second term in office or hand power to his main adversary, Nana Akufo-Addo, in a race observers, say is too close to call. The winner will face the task of reigniting growth in West Africa’s second-biggest economy while reining in inflation and consolidating public debt. Both Mahama, 58, and Akufo-Addo, 72, have pledged to build new infrastructure…

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In Turbulent Region, Stable Ghana Heads for Tight Election

In Turbulent Region, Stable Ghana Heads for Tight Election

ACCRA (Capital Markets in Africa) – Since the end of military rule more than two decades ago, to many Ghanaians presidential elections have become routine: a close race between the two main parties and disputes settled in court. While two of its West African neighbors have teetered on the brink of civil war and a third, Togo, has been ruled by the same family for 49 years, Ghanaians have come to take their nation’s political…

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Mugabe’s Purged Ally Appears With Tsvangirai in Opposition Boost

Mugabe’s Purged Ally Appears With Tsvangirai in Opposition Boost

HARARE, Capital Markets in Africa: Zimbabwe’s former Vice President Joice Mujuru appeared at rallies with his political foe Morgan Tsvangirai in the central city of Gweru, boosting opposition against President Robert Mugabe. Mujuru, who served in Mugabe’s first cabinet in 1980 and rose to become the 92-year-old leader’s deputy, formed Zimbabwe People First after being expelled from the ruling Zimbabwe African National Union – Patriotic Front in 2014 after she was accused of plotting Mugabe’s…

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Elections in Nigeria: What businesses need to know

Elections in Nigeria: What businesses need to know

High stakes elections in NigeriaAt the best of times, elections in Nigeria tend to be unsettling events accompanied by sporadic outbreaks of violence and rising inflation. Will the February 14 general elections be any different?Against the backdrop of slumping oil prices, Boko Haram’s worsening insurgency, and the rising chasm between north and south, the upcoming elections risk derailing Nigeria from its positive growth trajectory. However, the world should not underestimate Nigeria’s ability to muddle through…

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