Accra, Ghana – 27 November 2025 – Today, the 3rd African Association of Accountants-General (AAAG) Conference has officially closed at the Accra International Conference Centre, marking three days of high-level dialogue on the future of public financial management (PFM) across the continent. Convened under the theme “Africa of Tomorrow: Positioning Public Financial Management for Economic Prosperity,” the gathering brought together over 1500 Accountants-General, senior government officials, development partners, civil society, and private-sector leaders committed to strengthening the systems that underpin Africa’s development. 28 countries were represented at the conference.
The President of the Republic of Ghana, H.E. John Dramani Mahama, opened the conference with a call for disciplined financial governance and renewed public trust. His message set the tone for discussions that examined Africa’s economic direction, debt vulnerabilities, digital transformation needs, accountability gaps, and the continent’s vast opportunities for reform. Throughout the week, contributions from thought leaders including Prof. PLO Lumumba, entrepreneur Tony O. Elumelu and key continental and global experts and voices reinforced the link between strong public institutions, investor confidence, and inclusive growth.
At the closing ceremony, the AAAG Chairperson highlighted a series of insights that will shape the Association’s agenda over the coming year. Delegates underscored the urgency of strengthening transparency, modernising public finance systems, and embracing digital and AI-enabled tools to reduce leakages and improve service delivery. Participants also stressed that Africa’s fiscal resilience depends on responsible debt management, transparent borrowing practices, and credible long-term planning.
The conference adopted a set of resolutions consolidating commitments across ten priority areas, including accountability, digitalisation, debt sustainability, IPSAS adoption, action against illicit financial flows, continental policy coherence, youth empowerment, climate-responsive budgeting, and risk management. These resolutions will guide regional cooperation and national reforms and set the tone for the 4th AAAG Conference where AAAG Member countries are expected to report progress made in the implementation of the resolutions.
The AAAG Acting Chairperson Dr. Shamseldeen B. Ogunjimi, PhD said: “Robust public financial management sits at the heart of Africa’s development story. When countries plan well, manage debt responsibly, invest wisely, report transparently, and embrace technology, everything else becomes possible. When they do not, even the best policies struggle to find life. That is why the work of Accountants-General and PFM leaders is not administrative but rather transformational”.
“The Africa Of Tomorrow is being shaped by the decisions we make in our offices, in our institutions, and in partnerships like this one. Our task now is to turn ideas into practice, and practice into measurable progress.”
The 3rd AAAG Conference closed with a shared commitment to turning reform proposals into measurable results. It reaffirmed that collaboration among African countries remains central to building strong, transparent, and future-ready public financial management systems capable of driving the continent’s economic transformation.
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NOTE TO EDITORS
The 3rd AAAG Conference was held at the Accra International Conference Centre (AICC) in Ghana and brought together over 1500 participants from 28 countries across Africa and the world. It featured thought leaders, policymakers, investors, and PFM practitioners.
The conference was a platform for dialogue, knowledge sharing, and strategic partnerships in advancing the continent’s financial governance agenda.
The theme for the 3rd AAAG Conference: “Africa of Tomorrow: Positioning PFM for economic prosperity” highlighted the need to reform PFM systems to respond to current and future challenges by leveraging innovation, artificial intelligence, digitalization, climate-responsive budgeting, and sound fiscal governance.
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