Politics | - Part 12

Trump Takes Reins of Nation as Divisions Deprive Him a Honeymoon

WASHINGTON (Capital Markets in Africa) Washington Donald Trump takes the oath of office Friday, a celebration of American unity in a country that is anything but unified. Other presidents have been sworn in on the Capitol steps facing war, economic calamity or domestic social strife. Trump, the only president elected with no prior experience in public or military service, confronts a more fundamental challenge to his leadership. He’s the first president since the dawn of national…

Barrow Sworn in as Gambian President as Ex-Leader Seeks Deal

Posted on by The Editorial Team

BANJUL (Capital Markets in Africa) – Adama Barrow was sworn into office as the president of Gambia at a ceremony in neighboring Senegal as mediators sought to negotiate an amnesty deal with the outgoing leader to stave off military intervention by West African states. Barrow, 51, decided to take his oath at the Gambian embassy in the Senegalese capital, Dakar, after Yahya Jammeh, who lost the presidential election, refused to leave office and called for new elections….

Gambia’s Jammeh Imposes State of Emergency, Defying Region

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BANJUL (Capital Markets in Africa) – Gambian President Yahya Jammeh declared a 90-day state of emergency two days before he’s supposed to hand over power to the winner of last month’s election, as West African nations prepared to send a military force to remove him from power. In a speech on state TV late Tuesday, Jammeh said the measure was necessary because of the “unprecedented and extraordinary amount of interference” in the Dec. 1 ballot. He also…

Gambia’s Jammeh Pleads for Judges as Deadline to Quit Nears

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BANJUL (Capital Markets in Africa) – Gambia’s Yahya Jammeh called on regional heads of state to help the country find judges so that its Supreme Court can hear his objections to losing a presidential election last month, two days after Nigeria’s president failed to persuade him to step down. Jammeh filed an injunction at the court to stop the swearing-in of opposition leader Adama Barrow due Jan. 19 and needs judges to hear the case as soon…

Guinea Must Tighten Grip on Bauxite Industry, President Says

Posted on by The Editorial Team

GUINEA (Capital Markets in Africa) – Guinea wants to get a tighter grip on its bauxite industry and keep out companies that aren’t consumers of the ore, President Alpha Conde said in a speech on state television. “We don’t want traders in Guinea. It’s abnormal that we have more than half of the world’s bauxite reserves but not even 2 percent of the market share,” Conde said. “We’re producers and we’re going to work directly with our…

South African President Won’t Accept Third ANC Leader Term

Posted on by The Editorial Team

JOHANNESBURG (Capital Markets in Africa) – South African President Jacob Zuma said he won’t accept a nomination for a third term as head of the country’s ruling party, which is “ready” for a woman to take over the leadership. The 105-year-old African National Congress will choose a new president at a national conference in December when Zuma’s term ends. His ex-wife and the outgoing African Union chairwoman, Nkosazana Dlamini-Zuma, and ANC Deputy President Cyril Ramaphosa are seen as frontrunners for the position. …

Nigerian Leader to Offer Asylum to Defuse Gambia Crisis

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – Nigerian President Muhammadu Buhari headed to Gambia to defuse a political crisis sparked by President Yahya Jammeh’s refusal to step down after he lost elections last month. Buhari will present a plan approved by Nigeria’s lower house of parliament on Thursday to offer Jammeh asylum, as part of efforts to persuade him to leave office. The plan is intended to “prevent violence which could engulf the region,” Abdulrazak Namdas, spokesman for the…

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