Ghana's 2024 Presidential Election
An Overview of the Candidates and Issues
Dear Readers,
We’re paying close attention to Ghana's upcoming presidential election and its implications for the country and the region. The election, scheduled for December 2024, has three leading contenders. Representing the New Patriotic Party (NPP), Vice President Mahamudu Bawumia offers his expertise as an economist. Meanwhile, the National Democratic Congress (NDC) backs John Mahama, Ghana's president from 2012 to 2017. Adding complexity to the race, Alan Kyerematen, a former NPP member, enters as an independent candidate, highlighting internal party disputes.
The Economy as the Central Issue
The state of the economy is at the forefront of the electoral debate. Criticism of the NPP's handling of the economy, especially the tax cuts and spending increases that have become contentious in light of the recent IMF loan acceptance, sets a challenging stage for Bawumia. These economic concerns have led to a lean in favorability towards Mahama despite the youth's growing disenchantment with both major parties.
Historical Voting Patterns and Party Dynamics
Historically, party loyalty has played a significant role in Ghana's elections, with power alternating between the NDC and the NPP. Notably, no party has held the presidency for more than two consecutive terms since 1992. This means an NPP victory for a third consecutive term would be unprecedented and challenge the established pattern.
Current Election Forecasts
As it stands, Mahama has an advantage due to the NPP's internal divisions and the economic grievances attributed to the current administration. However, the youth's engagement with critical social movements, such as Fix Ghana, and their dissatisfaction with both parties could influence voter turnout and the election outcome.
Implications for the Future
The coming months will reveal how each candidate addresses these issues and navigates Ghana's complex political and economic landscape. Observers and voters alike will be watching closely to see if the 2024 election will continue past trends or mark a new direction in Ghanaian politics.
14 North uses expertise, experience, and on-the-ground presence to guide businesses and organizations through Sub-Saharan Africa’s emerging and frontier marketspaces. To learn more, please get in touch with us at info@14nstrategies.com or www.14nstrategies.com.