• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Sports Ministry budgeted $8.5m for Ghana’s AFCON 2023- Samuel Okudzeto Ablakwa

2 years ago
in Features, highlights, Home, home-news, latest News, Lifestyle, Sports
1 min read
0 0
0
119
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Sports Ministry budgeted $8.5m for Ghana’s AFCON 2023- Samuel Okudzeto Ablakwa

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has revealed the Ministry of Youth and Sports budgeted $8.5 million for the Black Stars campaign at the 2023 Africa Cup of Nations (AFCON).

Prior to the tournament, there were calls for the Ministry to disclose the budget set aside for the national team heading into the competition.

However, the Public Relations Officer at the Ministry, Charles Amofah, refused to reveal the budget claiming it was “a work in progress.”

“The AFCON budget is a work in progress. Ghanaians will know after the tournament,” he said on Angel TV.

In his latest post on social media, Ablakwa has claimed $8.5m was set aside for the team’s participation in the continent’s flagship tournament.

“From the latest unimpeachable, irrefutable, and indisputable intercepted documents in my possession — I can boldly confirm that the Ghanaian government and the GFA put together and agreed on a shocking AFCON preparation and participation budget of US$8,506,450.00,” he wrote.

RelatedPosts

Ghana’s Banks not Lending Enough to Sectors That Matter Most

Luxury Tourism is a Risky Strategy for African Economies, New Study Says

IMF Isn’t Doing Enough to Support Africa; Billions Could Be Made Available Through Special Drawing Rights

“This hefty US$ 8.5 million translates into a colossal GHS105 million at the current exchange.

Note that the GHS105million is entirely separate from the GHS27.9million spent on the qualifiers.

The figure of US$8,506,450.00 is contained in an intercepted letter from the Ministry of Youth and Sports, dated 2nd January 2024.

“It is addressed to the Minister of Finance requesting part payment of US$5,071,840.36 from the total Black Stars budget of US$8,506,450.00. The request letter in issue is signed by Chief Director of the Ministry of Youth and Sports, Mr. William Kartey on behalf of the Minister, Hon. Mustapha Ussif.”

The Black Stars exited the competition in the group stage after taking just two points from a possible six from their group games.

Tags: AFCON 2023Sports MinistrySports Ministry budgeted $8.5m for Ghana's AFCON 2023- Samuel Okudzeto Ablakwa
No Result
View All Result

Highlights

FirstBank Ghana Commits GHS 200,000 to Community Projects Under 2025 CR&S Week

African Development Bank President Ould Tah Tackles Financial Reform in Push for Development

OSP Invites DVLA CEO Over Alleged GHS 4m Bribery Attempt Linked to Digital Vehicle Plate Rollout

Standard Chartered Zambia Signs Agreement to Sell Wealth & Retail Banking Business to First National Bank Zambia

Vinicius Jr. Apologizes for Clásico Outburst, Leaves Out Coach Alonso

Rabat Set to Host African World Cup Playoffs Next Month

Trending

Business

Ghana’s Banks not Lending Enough to Sectors That Matter Most

October 29, 2025

Ghana’s Banks not Lending Enough to Sectors That Matter Most Bank lending is a major source of...

Luxury Tourism is a Risky Strategy for African Economies, New Study Says

October 29, 2025

IMF Isn’t Doing Enough to Support Africa; Billions Could Be Made Available Through Special Drawing Rights

October 29, 2025

FirstBank Ghana Commits GHS 200,000 to Community Projects Under 2025 CR&S Week

October 29, 2025

African Development Bank President Ould Tah Tackles Financial Reform in Push for Development

October 29, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.