National Investment Bank Makes Landmark Contribution to Ghana Sports Fund

Accra: The National Investment Bank (NIB) PLC has donated GHS100,000 to the Ghana Sports Fund, becoming the first institution to contribute since the Fund became operational. Established under Act 1159 and passed by Parliament in December 2025, the Ghana Sports Fund is a legally backed financing mechanism aimed at ending years of chronic underfunding within the sports sector. According to Ghana News Agency, Madam Esther Agyemang Prempeh, the Acting Chief Client and Corporate Communications Officer of NIB, stated that the gesture reflects the Bank's commitment to supporting national development beyond its core financial mandate. She emphasized that the donation forms part of their corporate social responsibility and highlighted the Bank's belief in the development of sports and its benefits to the youth and the country. Dr. David Kofi Wuaku, Administrator of the Ghana Sports Fund, expressed gratitude to NIB, describing the support as historic. He expressed optimism that the donation would encourage more inst itutions to contribute, emphasizing that adequate financing is essential for sports development nationwide. Mr. Kofi Iddie Adams, the Minister for Sports and Recreation, also commended NIB for taking what he termed a bold and exemplary step. He noted that limited funding remained one of the major challenges facing sports development in the country and assured the public that all contributions to the Fund would be managed transparently and accounted for.