As authoritarian regimes in Africa increasingly are being challenged across the continent, participants were hopeful that competitive multiparty systems might emerge in Africa.
Nevertheless, they pointed out that emerging democratic governments would have to confront a legacy of poverty, illiteracy, militarization, and underdevelopment produced by incompetent or corrupt governments.
These factors put Ghana in an enviable position and provide it with social capital.
On 7 December 2016, Nana Dankwa Akufo-Addo of the opposition New Patriotic Party was elected President.
Growth in advanced economies is expected to edge up to 1.8 percent in 2017, the World Bank’s January 2017 Global Economic Prospects report said.
Fiscal stimulus in major economies—particularly in the United States—could generate faster domestic and global growth than projected, although rising trade protection could have adverse effects.
The President in his maiden State of the Nation address has pledged to reduce the budget deficit and cut waste in all sectors of public life.
Participants indicated that, although contemporary authoritarian regimes in Africa have taken a number of forms, they fall within the general models of one-party systems, personal dictatorships, and military regimes.
The electoral process was peaceful with Akufo-Addo receiving 54% of the vote to former President Mahama’s 44.5%, averting a second round of elections.
Akufo-Addo and Mahumdu Bawumia were sworn-in as president and vice-president on 7 January 2017.
Since its return to a multi-party political system more than two decades ago, Ghana has taken major strides towards democracy, with its judiciary proving independent and generally gaining the trust of Ghanaians.
Ghana consistently ranks in the top three for freedom of the press and freedom of speech in Africa, with broadcast media strongest and radio the most far-reaching medium of communication.