On 18 August, mutinous soldiers arrested the increasingly unpopular President Ibrahim Boubacar Keita (‘IBK’) who declared his resignation and dissolved parliament in the evening. In a statement broadcast in the early hours of 19 August, the coup leaders promised to hand power back to a civilian administration and hold elections within “reasonably delay”.… Read the rest
Author: Malte Liewerscheidt
Malte Liewerscheidt is a Vice President with Teneo based in London. He is an experienced country risk analyst examining political, economic, regulatory and security risks affecting organisations investing and operating in sub-Saharan Africa.
- Zambia last week became the first country to request a suspension of debt service payments from private creditors, but for now, few countries in the region are likely to announce similar credit events.
- To date, 22 sub-Saharan African countries have signed up for the G20 debt suspension initiative.
- A notable exception among eligible countries is Kenya, highlighting the sovereign’s alarm over potential credit rating downgrades and damage to market reputation.
On 25 September, the African Court on Human and Peoples’ Rights (AfCHPR) ruled that the exclusion of former president Laurent Gbagbo was illegal and that the government should enable him to run in the 31 October presidential election.… Read the rest
During a joint rally of several opposition parties on 20 September, presidential candidate Henri Konan Bedie (Democratic Party of Cote d’Ivoire, PDCI) called upon his supporters to engage in a civil disobedience campaign to protest President Alassane Ouattara’s intention to run for a third term.… Read the rest
As expected, the constitutional council this week whittled down the list of candidates for the 31 October presidential election, from 44 to just four. In doing so, the council unsurprisingly confirmed President Alassane Ouattara’s eligibility to run for a third term, while invalidating the candidacies of Laurent Gbagbo and Guillaume Soro.… Read the rest
Following the end of the registration period for presidential candidates on 31 August, the electoral commission will hand over the application files of 40 candidates to the constitutional council for vetting this week.… Read the rest
- On 6 August, President Alassane Ouattara officially announced that he will seek a third term by becoming the candidate of his Rally of Houphouëtists for Democracy and Peace (RHDP) in the upcoming presidential election.
Top Communist Party leaders convened their quarterly Politburo meeting on 30 July, signaling a policy shift towards monetary tightening and containment of financial risks, after strong second quarter GDP data instilled confidence in the country’s growth trajectory.… Read the rest