Opposition candidate in Benin's presidential election concedes defeat to Wadagni

Opposition candidate Paul Hounkpe on Monday conceded defeat to Romuald Wadagni in Benin's presidential election.

Wadagni, who oversaw a decade of growth as finance minister, had been the favourite in Sunday's contest after being endorsed by outgoing leader Patrice Talon, who hands on the baton after two five-year terms.

Hounkpe offered "republican congratulations" to Wadagni, saying he noted a clear lead for his sole rival and was therefore acting with "responsibility."

Official results were expected not before Tuesday but Wadagni's ability to conjure economic growth in the face of security threats had given him a lead in the presidential race.

Peaceful elections

Benin's main opposition, The Democrats party, did not field a candidate as its leader, Renaud Agbodjo, failed to secure sufficient endorsements.

By midday on Monday, the economic capital Cotonou had generally returned to its usual bustling rhythms with shops and businesses reopening after having closed for polling day, an AFP journalist observed.

For the media, in the words of Le Telegramme daily, the election was "generally calm and well-organised," while Le Matin Libre forecast "Wadagni on his way to the Marina," the presidential palace.

Earlier, the Economic Community of West African States (ECOWAS) election observation mission praised "a peaceful atmosphere" and "the smooth running of the election."