Zürcher Nachrichten - Finance minister favourite as Benin votes for president

EUR -
AED 4.190944
AFN 75.308085
ALL 93.781194
AMD 418.632141
AOA 1047.465144
ARS 1691.600652
AUD 1.630741
AWG 2.055279
AZN 1.946698
BAM 1.956708
BBD 2.297866
BDT 140.815327
BHD 0.430281
BIF 3403.120017
BMD 1.141029
BND 1.473384
BOB 12.406756
BRL 5.781587
BSD 1.140929
BTN 110.23614
BWP 15.547213
BYN 3.288726
BYR 22364.175135
BZD 2.294564
CAD 1.607197
CDF 2578.726643
CHF 0.929477
CLF 0.027124
CLP 1067.535589
CNY 7.728077
CNH 7.7302
COP 3669.57319
CRC 517.640142
CUC 1.141029
CUP 30.237278
CVE 110.736685
CZK 24.171675
DJF 202.784314
DKK 7.47605
DOP 66.578649
DZD 151.971292
EGP 58.529897
ERN 17.11544
ETB 184.146029
FJD 2.560694
FKP 0.853272
GBP 0.852977
GEL 3.001186
GGP 0.853272
GHS 13.253095
GIP 0.853272
GMD 83.86482
GNF 10012.532294
GTQ 8.703037
GYD 238.690733
HKD 8.947187
HNL 30.53961
HRK 7.533642
HTG 149.169202
HUF 363.748577
IDR 20434.694515
ILS 3.490124
IMP 0.853272
INR 110.172944
IQD 1494.74844
IRR 1569200.604842
ISK 143.393869
JEP 0.853272
JMD 181.074003
JOD 0.80898
JPY 186.130389
KES 147.760373
KGS 99.782457
KHR 4610.899752
KMF 492.92439
KRW 1685.711485
KWD 0.353846
KYD 0.950741
KZT 533.397452
LAK 25830.055047
LBP 102179.177257
LKR 383.708009
LRD 207.095977
LSL 18.71439
LTL 3.369163
LVL 0.690197
LYD 7.321397
MAD 10.709986
MDL 20.062307
MGA 4868.258471
MKD 61.608581
MMK 2395.417798
MNT 4095.167292
MOP 9.213774
MRU 45.753239
MUR 53.959046
MVR 17.640092
MWK 1980.827247
MXN 19.864471
MYR 4.663497
MZN 72.923237
NAD 18.736556
NGN 1567.705499
NIO 41.852605
NOK 10.950575
NPR 176.377825
NZD 1.961543
OMR 0.438647
PAB 1.140929
PEN 3.881215
PGK 5.104368
PHP 70.498518
PKR 317.063552
PLN 4.327639
PYG 6915.208087
QAR 4.15933
RON 5.237216
RSD 117.371968
RUB 88.964988
RWF 1678.778815
SAR 4.293233
SBD 9.213428
SCR 15.261061
SDG 685.189408
SEK 11.061713
SGD 1.473084
SLE 27.669996
SOS 652.089006
SRD 43.057312
STD 23617.003684
STN 25.017068
SVC 9.982631
SZL 18.712394
THB 38.555418
TJS 10.553296
TMT 4.005013
TND 3.358106
TRY 53.867545
TTD 7.741591
TWD 36.970492
TZS 3011.641988
UAH 51.090102
UGX 4266.979527
USD 1.141029
UYU 45.781239
UZS 13749.378579
VES 840.892129
VND 30029.039751
VUV 136.304209
WST 3.128669
XAF 656.261451
XAG 0.019105
XAU 0.000276
XCD 3.083689
XCG 2.056154
XDR 0.816143
XOF 656.261451
XPF 119.331742
YER 272.241881
ZAR 18.736883
ZMK 10270.645809
ZMW 20.963725
ZWL 367.410983
  • CMSC

    -0.0850

    21.91

    -0.39%

  • RBGPF

    0.4200

    67.77

    +0.62%

  • GSK

    -0.0200

    50.76

    -0.04%

  • RELX

    0.0100

    32.74

    +0.03%

  • BCC

    3.3000

    77.7

    +4.25%

  • AZN

    0.3900

    169.73

    +0.23%

  • BCE

    -0.1700

    21.48

    -0.79%

  • BTI

    0.6400

    62.06

    +1.03%

  • JRI

    -0.0100

    12.92

    -0.08%

  • NGG

    1.8200

    83.87

    +2.17%

  • CMSD

    -0.0500

    22.15

    -0.23%

  • RIO

    1.7300

    92.28

    +1.87%

  • RYCEF

    0.3800

    18.75

    +2.03%

  • VOD

    0.2400

    15.51

    +1.55%

  • BP

    0.5600

    43.32

    +1.29%

Finance minister favourite as Benin votes for president
Finance minister favourite as Benin votes for president / Photo: OLYMPIA DE MAISMONT - AFP

Finance minister favourite as Benin votes for president

Benin was voting for a new president on Sunday, with Finance Minister Romuald Wadagni a shoo-in after overseeing a decade of economic growth in the west African country despite jihadist attacks in the north.

Text size:

Nearly eight million voters are eligible to cast ballots to choose a successor to Patrice Talon, who is stepping down after two five-year terms and has endorsed Wadagni as his successor.

Turnout will be a crucial factor after a lacklustre campaign hit by voter apathy.

"We must vote to ensure a high turnout," said Yvan Glidja, a man in his 30s who turned up early at a school-turned-polling station in the commercial capital Cotonou to vote for Wadagni.

Backed by the two main ruling parties, Wadagni is being challenged by Paul Hounkpe, an opposition figure whose campaign has been very low-key and who needed help from majority lawmakers to secure the required parliamentary endorsements to get on the ballot.

"There can't be any real enthusiasm; for that, you would need debate and each side would have to believe in its chances," said Rufin Godjo, a political analyst.

The main opposition The Democrats party is not fielding a candidate as its leader, Renaud Agbodjo, failed to secure the required number of parliamentary endorsements needed to contest the vote.

"I won't go and vote, this election is not inclusive. You cannot talk about genuine democratic competition when some key political players are barred," said Arnold Dessouassi, a 39-year-old teacher.

The ruling majority blames The Democrats' exclusion on internal divisions. Several senior figures in the party joined Wadagni's campaign.

"The disgruntled haven't disappeared. Tensions and frustration remain high; their electoral hopes have been slaughtered," said Godjo, speaking of voters.

The European Union, the African Union and the Economic Community of West African States (ECOWAS) have all sent substantial delegations to monitor the vote.

"We hope a maximum of Beninese will come out to make their choice today", Nana Akufo-Addo, a former Ghanaian president heading the ECOWAS delegation, told AFP.

- Golden decade -

Benin's next elections will only take place in 2033, as a constitutional reform passed last year has extended the presidential term from five to seven years and synchronised all elections to take place then.

A key question for many is the next president's approach to civil liberties after the authoritarian turn taken by Talon, whose rule saw many opponents being handed heavy sentences for various crimes.

Hounkpe meanwhile has promised to release "political prisoners".

The country has seen burgeoning growth during the Talon decade: GDP has doubled, growth has surpassed six percent each year, tourism has expanded and numerous infrastructure projects have been completed.

As the architect of this development from his 10 years at the finance ministry, Wadagni embodies continuity.

- Major challenges -

But major challenges remain, including a huge gap between the haves and the have-nots.

"The next phase of the country's development will be the eradication of extreme poverty. That is one of his priorities," said one of Wadagni's close associates.

The poverty rate is estimated at more than 30 percent and many Beninese complain that the benefits of the economic growth over the past decade have not trickled down to them.

Benin's economic growth will also depend on ushering in security and stabilising the country.

Benin's north is plagued by increasingly deadly jihadist violence, carried out mainly by Al-Qaeda's Sahel branch, the Group for the Support of Islam and Muslims (JNIM).

Very active in neighbouring Burkina Faso and Niger, JNIM has recruited and conducted deadly raids against the army in this less-developed part of Benin.

If he is elected on Sunday, Wadagni is expected to be able to count on the loyalty of the army, which played a decisive role in repelling an attempted coup against Talon in December.

A.Senn--NZN