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Full Article Images of February Follow Reuters Facebook Twitter RSS YouTube Read Black friend defends shooter of Florida teen 25 Mar 2012 Supreme Court hears historic Obama healthcare law | 12:23pm EDT Cheney older, waited longer than average for heart transplant 25 Mar 2012 Wall Street rallies after Bernanke comments 11:26am EDT 'Hunger Games' gorges on $214 million global debut 10:37am EDT Discussed 214 Cheney recovering after heart transplant: spokeswoman 195 Obama makes killing of black Florida teen personal 170 Marine sergeant faces discipline for Facebook critique of Obama Watched Japanese tsunami boat appears near Canada Sat, Mar 24 2012 Obama warns Pyongyang Sun, Mar 25 2012 Nuclear protests ahead of Seoul nuke summit Sun, Mar 25 2012 Senegal wakes to new era after Wade bows out Tweet Share this Email Print Factbox Veteran Senegalese leader makes way for new generation 9:21am EDT Related News Senegal's Sall: the dark horse who beat "The Hare" 9:12am EDT Analysis & Opinion The unending warfare in Africa India’s democratic tempest Related Topics World » United Nations » Related Video Senegal welcomes new leader 9:59am EDT Supporters of Senegalese opposition presidential candidate Macky Sall celebrate in the capital Dakar March 25, 2012. Senegal's President Abdoulaye Wade admitted defeat in Sunday's election, state television reported, ending his bid for a third term that had sparked deadly clashes in the normally peaceful country. The octogenarian leader phoned rival Macky Sall to congratulate him, state broadcaster RPS reported late on Sunday, an announcement greeted by celebrations across the capital Dakar. Credit: Reuters/Joe Penney By Diadie Ba and Bate Felix DAKAR | Mon Mar 26, 2012 10:54am EDT DAKAR (Reuters) - Residents of Senegal woke up to a new future on Monday after challenger Macky Sall defeated long-serving leader Abdoulaye Wade in elections, widely praised for cementing the country's reputation as West Africa's most stable democracy. Excited residents gathered at tea shops as boys hawked newspapers splashed with headlines like 'Wade Knocked Out', after a night marked by fireworks, honking horns and singing in parts of the capital Dakar. "This is a victory for all Senegalese people, not just the politicians," said Bassirou Sylla, 32, a trader in Dakar's upscale neighborhood of Point E. The election was the latest test for democracy in a region plagued by bloodshed and flawed votes, including Ivory Coast's which triggered a civil war last year. A military coup in Senegal's neighbor Mali last week demonstrated how quickly a democracy can unravel. Wade, whose 12-year rule saw big infrastructure spending but little progress in tackling poverty, He admitted defeat in the election just hours after the polls closed, as early results showed Sall with a landslide, maintaining Senegal as the only nation on mainland West Africa not to have seen a coup or civil war since independence. While hopes for a better future were running high in Dakar, where Wade faced his harshest opposition, it remained to be seen whether Sall, who is a former Wade ally and served for years as his prime minister, would bring real change. The United Nations, the European Union and the African Union congratulated Senegal on its smooth election, and French President Nicolas Sarkozy praised Wade for accepting his loss. "By accepting the choice of your countrymen, you have once again shown your dedication to democratic principles," Sarkozy said in a letter addressed to Wade. The election was the latest test for democracy in a region plagued by bloodshed and flawed votes, including Ivory Coast's which triggered a civil war last year. A military coup in Senegal's neighbor Mali last week demonstrated how quickly a democracy can unravel. Senegal is the only nation on mainland West Africa not to have seen a coup or civil war since independence. Wade, 85, began his career as president with a sterling democratic reputation but drew criticism for seeking to extend his rule with a third term, setting off street protests in which six people were killed. Sall campaigned for Sunday's election on lowering the cost of living, including by cutting taxes on rice. He had criticized Wade for pursuing vanity projects - including an African Renaissance Monument standing slightly taller than New York's Statue of Liberty - instead of helping poor Senegalese. Serigne Bakhoum, a taxi driver who said he voted for Sall, said the country where average daily income is $3 was now pinning its hopes on Sall for change. "We are demanding that President Macky Sall follow through on his campaign promise to bring down the price of fuel, which is too high in Senegal," he said. "I'm waiting impatiently to see what he will do." PROTESTS Opposition activists had said Wade's quest for a third term was unconstitutional and some voters viewed him as yet another example of a long-serving African leader seeking to hang on to power. The Constitutional Council, however, upheld his argument that his first term did not count because it began before a two-term limit was adopted. The ruling set off weeks of protests in which at least six people died. Early results from Dakar, where Wade has faced his harshest opposition, showed Sall ahead, including in Wade's own precinct in the Point E neighborhood with 417 votes to Wade's 120. Full results are expected later on Monday or Tuesday. Wade fell short of the outright majority needed to avoid a run-off in the February 26 first round, with 34.8 percent to Sall's 26.6 percent. Defeated candidates then united behind Sall. The European Union said the election conditions were mostly positive, but noted that the voter list contained errors, including the names of about 130,000 dead people. Senegal $500 million Eurobond, which analysts said depreciated before the first round vote due to the deteriorating political and security climate, rallied early on Monday. "The bond rallied intraday to a price of 109, from 105.25 on Friday, and the yield fell to 7.4 percent, from 7.9 percent, respectively. This suggests the market reacted positively to the smooth run-off election and power shift in Senegal," said Samir Gadio at Standard Bank. (Additional reporting by Mark John, Simon Akam, Emmanuel Braun, Richard Valdmanis, and Bate Felix; Writing by Richard Valdmanis and Mark John; Editing by Mark Heinrich) World United Nations Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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