What is "habemus papam"

n. A short, formulaic speech in Latin that announces the identity of a newly elected pope.

Habemus Papam! ("We Have a Pope!") is the announcement given in Latin by the Cardinal Protodeacon, the senior Cardinal Deacon, upon the election of a new Roman Catholic pope.

The announcement is given from the central balcony of St. Peter's Basilica in the Vatican. After the announcement, the new pope is presented to the people and he gives his first Urbi et Orbi blessing.