Audio By Carbonatix
Minister for Sports and Recreation, Kofi Adams, has revealed that plans to set up a Sports Fund are near completion.
The fund aims to provide not just "spiritual" support but much-needed financial backing to various sports Federations.
Ghana’s sports governing body has faced financial challenges in recent times, affecting participation in major competitions including the national hockey team who had to withdraw from a continental tournament.
The country's Men’s relay team competed at the World Relays in China without support from the Ministry.
Speaking during a meeting with the Ghana Olympic Committee, the Member of Parliament for the Buem Constituency acknowledged the ongoing financial difficulties but expressed optimism about improved support for future competitions.
"The Ministry has engaged with many of you on the matter of a sports fund and we are inching close to getting that really done," Kofi said.
"When it is done, it will reduce some of the situations where we only give spiritual backing without the necessary financial backing.
"[With the Sports Fund] We back you spiritually and we back you with what it takes to participate"
Latest Stories
-
Ga Mantse praises MIIF over GH¢1.1bn profit and GH¢5.4bn royalty collections
44 seconds -
Poor service delivery threatens Ghana’s tourism competitiveness – Service Excellence Foundation
3 minutes -
AKSA Energy deal: Evidence of conspiracy enough to prosecute implicated officials – Ayikoi Otoo
4 minutes -
‘Body in suitcase’ found in Australia turns out to be lifelike doll
5 minutes -
GoldBod making ‘tremendous progress’ in formalising Ghana’s gold trade – Sammy Gyamfi
5 minutes -
Virtual Security Africa Ltd joins JoySports Invitational Tournament 2026
6 minutes -
GoldBod buys nearly 2 tonnes of gold to strengthen Ghana’s reserves – Sammy Gyamfi
7 minutes -
GoldBod records significant rise in gold sales in 2025 – Sammy Gyamfi
7 minutes -
Sammy Gyamfi calls claims linking his bodyguards to GH¢200m GoldBod loss ‘laughable’
8 minutes -
Building the real Wakanda: Ghana’s Asante King brings an investment pitch to Washington
10 minutes -
GoldBod generated GH¢970m in non-tax revenue from assay fees in 2025 – Sammy Gyamfi
10 minutes -
After three decades, a murder trial brings focus back to the legacy of Tupac Shakur
11 minutes -
Thai school shooter learnt how to use guns via social media
11 minutes -
India police fire tear gas at protesters seeking exam reforms
11 minutes -
At least 13 killed in Ukrainian drone strike deep into Russia
11 minutes