• Contact
Wednesday, May 14, 2025
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    China remains Africa’s largest bilateral trading partner, accounting for 20% of the region’s exports and 16% of its imports.

    African nations may face pressure as China warns against U.S.-aligned trade deals

    afb

    The African Development Bank Group (AfDB) is rolling out Special Agro-Industrial Processing Zones (SAPZs) across Africa

    ua

    Trump cuts see main African health agency turn to local funding

    Trending Tags

  • Business
    de beers

    De Beers to shut down lab-grown diamond brand Lightbox

    cannabis

    South Africa to revise cannabis food laws amid public backlash

    BFA

    BPI expects to earn over €95 million from partial sale of BFA in July

    Alcides Andrade, anpg

    ANPG has already awarded over 40 new concessions in various oil blocks

    nvidia

    Africa’s first AI factory, backed by Zimbabwean billionaire and Nvidia, to cost $720 million

    elon musk

    South African minister accused of trying to ease ownership law for Elon Musk’s Starlink

    copper

    Copper prices surge as Trump signals 25% tariff on imports

    bmw

    BMW SA reintroduces third shift, says there is growing local interest in PHEV model

    zim

    Zimbabwe seeks $950m in new bid to kick-start mining firm

  • Finance
    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    China remains Africa’s largest bilateral trading partner, accounting for 20% of the region’s exports and 16% of its imports.

    African nations may face pressure as China warns against U.S.-aligned trade deals

    afb

    The African Development Bank Group (AfDB) is rolling out Special Agro-Industrial Processing Zones (SAPZs) across Africa

    ua

    Trump cuts see main African health agency turn to local funding

    Trending Tags

  • Business
    de beers

    De Beers to shut down lab-grown diamond brand Lightbox

    cannabis

    South Africa to revise cannabis food laws amid public backlash

    BFA

    BPI expects to earn over €95 million from partial sale of BFA in July

    Alcides Andrade, anpg

    ANPG has already awarded over 40 new concessions in various oil blocks

    nvidia

    Africa’s first AI factory, backed by Zimbabwean billionaire and Nvidia, to cost $720 million

    elon musk

    South African minister accused of trying to ease ownership law for Elon Musk’s Starlink

    copper

    Copper prices surge as Trump signals 25% tariff on imports

    bmw

    BMW SA reintroduces third shift, says there is growing local interest in PHEV model

    zim

    Zimbabwe seeks $950m in new bid to kick-start mining firm

  • Finance
    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Economy

Senegal’s Faye to become president after ruling party’s Ba admits defeat

TAB by TAB
25/03/2024
in Economy
0
Senegal’s Faye president
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Senegalese presidential candidate Amadou Ba has conceded defeat in Sunday’s election to opposition leader Bassirou Diomaye Faye. Several of the candidates who contested the election have conceded to him, although official results have not been announced.

Faye, 44, a senior official in the Pastef party led by Ousmane Sonko, had been in jail until 10 days before the vote. Now, he is on the verge of being announced as the nation’s next president after his major opponent from the ruling coalition phoned him on Monday to concede defeat, Reuters reported.

Related posts

China remains Africa’s largest bilateral trading partner, accounting for 20% of the region’s exports and 16% of its imports.

African nations may face pressure as China warns against U.S.-aligned trade deals

21/04/2025
9
afb

The African Development Bank Group (AfDB) is rolling out Special Agro-Industrial Processing Zones (SAPZs) across Africa

21/04/2025
4

As the results gradually emerged following the closure of polls on Sunday evening for the delayed presidential election’s first round, there are strong indications that Faye, might have secured a decisive majority.

Initially, ruling coalition candidate Amadou Ba, aged 62, deemed the celebrations premature and asserted that a runoff vote would be necessary to ascertain the victor.

However, he later contacted Faye on Monday to extend his congratulations, as reported by a government spokesperson to journalists.

“In light of presidential election result trends and while we await the official proclamation, I congratulate… Faye for his victory in the first round,” Ba said in a statement.

The idea of having Bassirou Diomaye Faye as president has sent many youths to the streets in celebration.

The Dakar appeals court is expected to announce the official results on Friday, with the electoral commission yet to release information on the tallies from 15,633 voting stations.

There’s widespread anticipation that the outcome of the vote will usher in stability and potentially stimulate economic growth for Senegal. This optimism comes after three years of notable political upheaval in one of West Africa’s few stable democracies.

A peaceful transition of power in Senegal would signify a significant advancement for democracy in West Africa, especially in the context of recent political instability. Since 2020, the region has witnessed eight military coups, leading to upheaval and uncertainty.

Some of these coup leaders have distanced themselves from longstanding allies like France and the United States, opting to seek support from other actors, notably Russia, to combat the growing threat of jihadist insurgency spreading across neighbouring countries.

Election stats

The state television RTS disclosed that of the country’s 18 million people, this election recorded a total of 7.3 million registered voters.

It was also revealed that the election had no animalities, it ran as smoothly as it could.

19 candidates campaigned for the presidential seat, including former prime minister Amadou Ba, 62, the handpicked flagbearer for the ruling Benno Bokk Yaakaar coalition, Khalifa Sall, 64, a former minister and mayor of the capital Dakar, and Bassirou Diomaye Faye, a 43-year-old tax inspector, who is running in place of jailed opposition firebrand Ousmane Sonko.

Source: Africa Business Insider
Previous Post

SA Speaker Nosiviwe Mapisa-Nqakula denies arrest claims

Next Post

Tyla edges out Rema and Burnaboy to plead her case as Africa’s top artiste

Next Post
Tyla

Tyla edges out Rema and Burnaboy to plead her case as Africa’s top artiste

RECOMMENDED NEWS

Twitter is overhauling its spam-fighting team after a whistleblower accused the company of lying to federal regulators and Elon Musk about bots

Twitter will roll out long-awaited edit button to paid subscribers

3 years ago
10
President Buhari signs Nigeria Startup Bill into law

President Buhari signs Nigeria Startup Bill into law

3 years ago
1
These are the best restaurants in Africa according to world ranking

These are the best restaurants in Africa according to world ranking

2 years ago
6
A top Nigerian Bank has just sold 100% of its shares after months of complications

A top Nigerian Bank has just sold 100% of its shares after months of complications

3 years ago
7

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business - News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • De Beers to shut down lab-grown diamond brand Lightbox
  • South Africa to revise cannabis food laws amid public backlash
  • BPI expects to earn over €95 million from partial sale of BFA in July

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business