Dr. David Kofi Wuaku, the Administrator of the Ghana Sports Fund, has called on national sports federations to submit detailed proposals and measurable performance targets to qualify for financial support. This directive is part of a broader effort to ensure that state resources are directed toward initiatives that yield tangible results for Ghanaian athletes. Dr. Wuaku emphasized that the era of open-ended funding is transitioning toward a model based on strict accountability and the active management of development plans.
A central theme of the Administrator’s address was the critical need for improved governance and financial reporting within the various sports bodies. He stressed that eligibility for support from the Ghana Sports Fund is strictly contingent upon meeting specific transparency criteria and demonstrating how funding will directly boost athlete performance. Federations are now expected to identify their primary development goals and provide professional documentation that justifies their budgetary requests.
Beyond the reliance on state support, Dr. Wuaku encouraged federations to forge stronger collaborations with corporate entities and private investors. By preparing credible proposals and setting clear targets, sports organizations can better position themselves to attract private-sector investment, thereby creating a more sustainable financial ecosystem for their respective disciplines. This strategic shift aims to complement the Fund’s resources and reduce the total dependence on public coffers for sports development.
The Ghana Sports Fund remains committed to providing sustainable financing to the sports sector, but Dr. Wuaku warned that this support remains a privilege of those who exhibit accountability. By demanding measurable targets, the Fund aims to track the progress of various disciplines and ensure that every cedi spent contributes to the growth of sports in Ghana. This approach signals a more structured and performance-oriented era for sports administration in the country.
Live rates
Dollar to cedi rate →