Senegal: President Wade concedes defeat in runoff election.

The president of Senegal, Abdoulaye Wade conceded defeat as results showed his opponent Macky Sall with a huge lead. Wade is 85 and his decision to seek reelection sparked violent protests.

Wade seems to have accepted defeat with some grace. He phoned Macky Sally and congratulated him on his victory. Wade was liked my many in the west because of his neoliberal policies that welcomed foreign investment.

 Some feared that Wade would somehow try to remain in office as Mugabe another octogenarian has done in Zimbabwe. Wade came into power in 2000 but of late his popularity has waned as the cost of living and unemployment have both increased. For more see this article.