Oiling the Wheels of Multi-Party Politics in Africa: How Power Alternation Affects Party Financing in Ghana

Abstract

Supplementing literature study with in-depth unstructured interviews from the two dominant political parties in Ghana on how they mobilize funds, the key argument of this article is that the loss of a presidential election in Ghana is a reduction in a party’s major income streams. Unlike other studies that look at incumbency advantage in party funding from the angle of governments’ policies that weaken the opposition parties, this article analyses incumbency from their sources of funds. It fulfils two major objectives of identifying the sources of funds of political parties and establishing the link between these sources and incumbency.