Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Coalition partners threaten to challenge Ivory Coast president at polls

Published 02/26/2015, 02:38 PM
Updated 02/26/2015, 02:40 PM
Coalition partners threaten to challenge Ivory Coast president at polls

By Loucoumane Coulibaly

ABIDJAN (Reuters) - Prominent members of Ivory Coast President Alassane Ouattara's main coalition partner on Thursday rejected a deal by their party's leader to support Ouattara's bid for re-election later this year.

Their party, the Democratic Party of Ivory Coast (PDCI), is still expected to endorse the deal at its party congress on Saturday. But the four dissidents are threatening to present their own candidacies and challenge Ouattara at the polls.

Backing Ouattara "would finish the PDCI off once and for all," Kouadio Konan Bertin, the party's former youth leader and currently a member of parliament, told a press conference in the commercial capital Abidjan.

He was joined by ex-Prime Minister Charles Konan Banny, former foreign affairs minister Amara Essy and a former deputy speaker of parliament, Jerome Brou Kablan.

The agreement they were rejecting was struck by former President Henri Konan Bedie, the leader of the PDCI. He announced in September that his party would not field a candidate in elections expected in October and would throw its support behind Ouattara.

After finishing third in the first round of the last election in 2010, Bedie's support in a run-off swept Ouattara to power. In exchange for its support, the PDCI gained the post of prime minister, along with several other key government portfolios.

Then-President Laurent Gbagbo refused to accept defeat in the election and plunged the world's top cocoa grower into a civil war that killed some 3,000 people.

On Thursday, the four PDCI dissidents said they would defy the party congress if it supports the arrangement between Ouattara and Bedie and would stand in this year's elections anyway.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"We won't be independent candidates," Banny said. "We will be PDCI candidates."

Ouattara, a former senior International Monetary Fund official, has won praise for reviving the Ivory Coast economy following the civil war. In a sign of renewed confidence, investors placed nearly $4 billion in orders for a $1 billion Eurobond which Ivory Coast marketed on Tuesday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.