The Ghana Sports Fund aims to transform sports into a major economic pillar for the nation, rather than simply distributing money to sports federations, the Administrator of the Fund, Dr. David Wuaku, has announced.
Speaking to the media during a visit by the Fund’s Board to the Manhyia Palace to brief the Asantehene on their long-term vision, Dr. Wuaku explained that the organization is focused on supporting sports development initiatives that can generate employment, upgrade infrastructure, and bolster the national economy.
“The mandate of this fund is not just to mobilise funds and share for federations, but to mobilise funds to develop sports and sports for development,” Dr. Wuaku said.
Established under the Ghana Sports Fund Act, the Fund is legally tasked with mobilizing, managing, and investing resources to improve athlete welfare, expand infrastructure, and develop talent nationwide. Through these strategic investments, leadership intends to shift how sports impact national revenue.
“We are looking at bringing sports to become a line on the GDP of Ghana,” Dr. Wuaku noted.