Political Party Financing: An urgent call for critical reflection and a better direction

Today's political campaigns require significant financial resources. Private financing often leads to public distrust and cynicism. Concerns about the motives of donors and recipients are valid.

For a sustainable democracy, we need better ways to finance political activities. These methods should allow everyone to participate in politics equally. Research shows marginalized groups often lack access to funds. This results in their underrepresentation or exclusion from political life.

On April 30, 2025, Attorney-General Dr. Dominic Ayine held a press conference. He revealed receiving a donation from someone named “Sledge.” He claimed all parliamentarians receive donations, highlighting issues in party financing.

This issue is urgent because large donations can come from questionable sources. Corporate or foreign interests may seek specific outcomes that harm the public interest. Unscrupulous sponsors often use lobbyists to draft favorable legislation.

Corruption in party financing threatens democracy and economic growth. Illicit funding can lead to organized crime infiltrating politics or "state capture." This means private interests control public policy, distorting it and eroding trust in government.

Donations are not inherently bad but can have harmful effects if unchecked. We must strive for transparency in political financing to protect our system's integrity.

To achieve this, I ask:

1. How can we reduce illegal and improper financing in politics?
2. How can we ensure true transparency in our democracy?
3. What steps are needed for a viable political finance system in Africa?

These questions aim to provoke thought on this important issue. I want to raise awareness of the risks and benefits of open financing. Suggestions for practical solutions could enhance disclosure and strengthen our democracy.

~ The writer, Henry Adjei Boadi, is a corporate generalist and researcher.