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Barrow Wins Gambian Presidential Election, as Jammeh Concedes Defeat

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The United Democratic Party (UDP), opposition alliance presidential candidate Adama Barrow speaks during a rally in Buffer zone, Gambia
  • Barrow Wins Gambian Presidential Election, as Jammeh Concedes Defeat

The Gambia’s opposition candidate, Adama Barrow, yesterday pulled off a stunning victory, comfortably winning a presidential election and putting an end to the 22-year rule of President Yahya Jammeh.

Jammeh, who has ruled The Gambia for 22 years, has conceded defeat to Barrow, the chairman of the country’s Independent Electoral Commission (IEC) said yesterday.

This follows the precedent set in African presidential elections by Nigeria’s former President, Dr. Goodluck Jonathan, who conceded defeat to and congratulated current President Muhammadu Buhari in last year’s elections, even before the formal announcement of the full results of the make of mar election, thereby pulling the country from the brink.

“It’s really unique that someone who has been ruling this country for so long has accepted defeat,” Alieu Momar Njie told reporters in Banjul ahead of the release of the results of Thursday’s presidential election.

Chairman of the Independent Electoral Commission (IEC) said, as Gambians began to take to the streets to celebrate the biggest upset in the West African country since Jammeh seized power in a 1994 coup.

His campaign manager, Yankuba Colley, said he was not aware of the electoral commission chairman’s statement but said he believed the President would step down if the Gambian people wanted it.

Barrow won 54.54 per cent (263,515 votes), while Jammeh took 36.66 per cent (212,099) and third party candidate, Mama Kandeh, secured 102,969 votes (17.80 per cent) in the poll, which witnessed around 65 per cent turnout, the IEC said.

Jammeh, who was running for a fifth term, once said he would govern for a billion years if God willed it, was attempting to win a fifth term with his Alliance for Patriotic Reorientation and Construction (APRC).

On the streets of Bakau, a district on the outskirts of Banjul, Gambians began an impromptu street party, drumming, dancing and honking car horns.

“This man (Jammeh) beat and oppressed us,” a young man, who gave his name as Jawara told AFP, adding: “We didn’t have our freedom, but definitely Barrow will give it to us.”

Gambian state television told AFP that Jammeh would make a statement later in the day to congratulate 51-year-old Barrow, a previously unknown estate agent and former economic migrant to Britain, who was chosen as the opposition flag-bearer by a group of political parties that had joined forces for the first time, whipping up unprecedented popular support.

Barrow told AFP before the vote was announced that he was “certain” he had won.

He would likely serve a three-year term at the head of a transition reform government in the tiny former British colony that occupies a narrow sliver of land surrounded by French-speaking Senegal and pristine Atlantic Ocean beaches beloved by tourists.

Security forces had been deployed heavily in Banjul earlier yesterday amid nervousness over whether Jammeh would accept a ballot box defeat.

Before dawn broke, military and police, some covering their faces, set up checkpoints every few hundred metres on the outskirts of the capital, while citizens remained inside sleeping or watching the results come in.

“Power belongs to the people. You cannot stop us and you cannot stop them,” Barrow said at his final rally this week, while Jammeh predicted the biggest landslide of his political career and warned that protests over the election result would not be tolerated, saying The Gambia “does not allow” demonstrations.

A deeply devout Muslim, Jammeh was born in the western village of Kanilai in 1965, the year that The Gambia gained independence from Britain.

Jammeh joined the army in 1984 and 10 years later, mounted a coup with fellow army officers against then President Dawda Jawara, who had ruled the country since independence, pledging to root out corruption and hold elections.

After giving up his rank of colonel to allow him to contest elections as a civilian, Jammeh swept the vote in 1996, 2001, 2006 and 2011, following a 2002 constitutional amendment removing presidential term limits.

 

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Lagos Eyes Investment Surge as Sanwo-Olu Unveils Growth Strategy

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Governor Babajide Sanwo-Olu of Lagos State is spearheading a bold push to attract significant investment inflow to boost the state’s economic growth.

During a Pre-Summit Investor Roundtable at the Africa Social Impact Summit (ASIS 3.0), held at Eko Hotels and Suites, the governor outlined strategic opportunities for investors.

With the theme “Invest Lagos – Investment Opportunities,” the summit was organized by the Sterling One Foundation in collaboration with the Ministry of Commerce, Cooperatives, Trade, and Investment.

Attended by business leaders, chambers of commerce, and industry captains, the event underscored Lagos’ potential as a hub for economic activity.

Sanwo-Olu highlighted Lagos’ positive economic outlook, citing an expanding population and sustainable infrastructure as key growth drivers.

Despite challenging business environments, the state’s economy has shown resilience, welcoming new investments while sustaining existing ones.

The governor emphasized reforms aimed at improving the ease of doing business. He mentioned that digitizing services had reduced bureaucratic hurdles, fostering a stable business climate.

Sanwo-Olu assured potential investors of the state’s commitment to creating a supportive environment that ensures returns and security for investments.

“In the last five years, Lagos’ GDP has grown by 50 percent,” Sanwo-Olu stated. “We aim to sustain this growth and ensure the gains of the past years are not reversed.”

Sanwo-Olu identified sectors ripe for investment, including transportation, tourism, health insurance, and waterways. He expressed the government’s dedication to advancing development plans in these areas.

Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs. Folashade Ambrose-Medebem, highlighted Lagos’ economic strides, noting that the state’s GDP had increased from N27 trillion to N41 trillion in five years.

She detailed strategic investments, particularly the allocation of N550.7 billion for infrastructure in 2024, and the commitment of N44.33 billion to food security initiatives.

Sterling Bank’s Managing Director, Mr. Abubakar Suleiman, pointed out that economic growth in Africa is often hindered by an unstable investment climate.

The summit aimed to build investor confidence by fostering trust and transparency in business environments.

“Lagos remains a leading destination for investors,” Suleiman noted. “The state provides clarity and access to markets, maintaining consistency in its investment strategies.”

Sanwo-Olu’s administration continues to focus on diversifying Lagos’ economy through strategic investments in various sectors.

The state’s proactive approach has positioned it as a global city and an emerging African financial center.

The governor’s initiative is expected to further solidify Lagos’ reputation as a prime investment destination, paving the way for sustained economic growth and development.

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Vice-President Harris Gathers Momentum as Democratic Nominee

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Vice-President Kamala Harris has secured the support needed to become the Democratic nominee for president.

This was after President Joe Biden announced he would not seek re-election, endorsing Harris as his successor.

According to CBS News, Harris has received endorsements from over 1,976 delegates, surpassing the threshold needed to clinch the nomination in the first round of voting at the Democratic National Convention (DNC) scheduled for August.

Delegations from at least 27 states have expressed full support, showcasing a strong backing across the nation.

In her address to campaign staff in Wilmington, Delaware, Harris expressed gratitude for the widespread support, adding that she committed to uniting the party and the country.

“We have 106 days until Election Day, and in that time, we have some hard work to do,” she stated.

Harris laid out her vision for America, contrasting it with that of her likely opponent, Donald Trump.

Speaking on the direction of the campaign thus far, she said “Our campaign has always been about two different versions of what we see as the future of our country. One focuses on the future, the other focuses on the past.”

She acknowledged the accomplishments of the Biden administration, highlighting her pride in serving as vice-president.

“My time serving as vice-president was one of the greatest honors of my life,” Harris said, underscoring her dedication to continuing the work they started.

In a phone call to his campaign team, Biden praised Harris, urging his supporters to rally behind her. “I’m hoping you’ll give every bit of your heart and soul that you gave to me to Kamala,” he said.

Despite stepping back from the race, Biden vowed to remain actively involved in supporting Harris and emphasized the importance of defeating Trump, calling him “a danger to this nation.”

Harris’s nomination marks a significant milestone, but challenges remain. The campaign will focus on addressing key issues such as healthcare, climate change, and economic inequality.

With millions of dollars pouring into her campaign since Biden’s announcement, Harris aims to capitalize on the momentum and build a coalition that appeals to a broad spectrum of voters.

As the DNC approaches, Harris is expected to formally accept the nomination, solidifying her position as the Democratic leader.

The coming months will be crucial as she works to unite the party and reach out to undecided voters. With her historic nomination, Harris stands poised to make a lasting impact on the future of American politics.

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President Declines Nomination, Endorses Harris for 2024

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In a significant political announcement on his X.com account, President Joe Biden has decided to forgo the opportunity to seek re-election in 2024, instead throwing his full support behind Vice President Kamala Harris.

The surprise move, shared with the public this morning, represents a pivotal moment in the Democratic Party’s journey toward the upcoming presidential election.

In his statement, Biden said that his choice to step aside is driven by a desire to concentrate on his remaining duties as President.

He expressed gratitude for the opportunity to serve alongside Harris, calling her selection as his Vice President in 2020 “the best decision” he has made. “My fellow Democrats,” Biden began, “I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term.”

The President’s announcement signifies a strategic shift in the 2024 election landscape. By endorsing Kamala Harris, Biden not only aims to consolidate support within the party but also to set the stage for a unified front against former President Donald Trump.

“Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year,” Biden declared. “Democrats — it’s time to come together and beat Trump. Let’s do this.”

This endorsement comes as a surprise to many, given Biden’s earlier commitment to seeking re-election.

However, it reflects a broader strategic maneuver to ensure party unity and strengthen the Democratic position in the face of a formidable opponent. By focusing on Harris, Biden aims to leverage her growing popularity and political acumen to fortify the party’s chances in the upcoming election.

Kamala Harris, who has served as Vice President since January 2021, will now be thrust into the spotlight as the presumptive Democratic nominee.

Her campaign is expected to build on the legacy of the current administration while addressing key issues facing the nation.

The move also raises the stakes for the Republicans, who will need to prepare for a robust campaign from a seasoned political leader in Harris.

As the 2024 election cycle ramps up, Biden’s endorsement is likely to reshape the dynamics of the race, influencing both Democratic strategies and Republican responses.

The coming months will be critical as Harris and her team work to solidify their platform and rally support from voters across the nation.

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