Ghana's Auditor-General has identified an outstanding debt of GHS 208.58 million from the 13th African Games, Accra 2023. This debt exists despite a total expenditure of GHS 2.245 billion recorded for the continental sporting event.
The forensic audit, conducted by the Ghana Audit Service, examined financial management and procurement processes. It revealed that GHS 2,245,515,037.44 was received and spent on the Games. However, unpaid liabilities totalling GHS 208,583,739.49 remained at the audit report’s release date. This unpaid amount includes GHS 155,123,020.15, US$4,118,155.65, and €288,775.11 owed to various entities.
This revelation reignites public debate about the overall cost of the multi-sport event. Ghana hosted the Games in March 2024, involving extensive infrastructure development and facility renovation. The event was seen as a strategic opportunity to boost sports and tourism. Economic analysts, however, noted that the significant expenditure required stricter oversight. This was particularly crucial as Ghana implemented fiscal reforms under an International Monetary Fund (IMF)-supported economic recovery program.
The audit report singled out specific former government officials for financial irregularities. Those cited include former Minister for Youth and Sports Mustapha Ussif, former Chief Director William Kartey, and former Local Organising Committee (LOC) Chairman Dr. Kwaku Ofosu-Asare. The report recommended sanctions against these individuals and the refund of some monies. This information was not immediately detailed publicly.
The findings will likely trigger further parliamentary and public scrutiny. Attention will focus on procurement decisions, contract awards, and the long-term value from infrastructure investments. Decision-makers and markets will watch for government responses to these audit recommendations. They will also observe any legal actions or policy changes aimed at enhancing financial accountability in major national projects.
The African Games represented one of Ghana's largest sporting investments in recent decades. Key facilities constructed or upgraded included the Borteyman Sports Complex and the refurbished University of Ghana Sports Stadium. Despite praise for its organisation, the cost triggered significant political controversy. Critics raised concerns about procurement processes and value for money even before the tournament.
This forensic audit forms part of broader government efforts following persistent public concerns. The report's release is expected to intensify calls for greater transparency in managing public funds. This is especially relevant for major national projects and international events. Ghana's commitment to fiscal discipline will be tested as it addresses these findings and implements necessary reforms.