Africa faces one of its most crowded electoral calendars this year at a time of shrinking global tolerance for political risk, turning the ballot box into a policy credibility test for investors rather than a purely democratic exercise. The cycle began in January with elections in Uganda, where veteran leader Yoweri Museveni and his National Resistance Movement – in power since 1986 – secured another five-year mandate, while, on the other end of the continent, parties aligned to Benin’s President had a clean sweep of Parliamentary elections, an outcome detractors attributed to legislative tweaks that seriously disadvantage the opposition. The Beninese return to the polls in April for Presidential elections.