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November 4, 2026
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GFA lost $5m-a-year Ghana Premier League sponsorship deal to FDA restrictions – Kurt Okraku
Money
Policy
Opportunity
Growth
Key Points
- The Ghana Football Association (GFA) lost a potential annual sponsorship deal worth over $5 million.
- The deal was with Guinness Ghana Limited for the Ghana Premier League.
- The Food and Drugs Authority (FDA) blocked the partnership due to regulatory restrictions on alcohol companies sponsoring sporting activities.
- GFA President Kurt Okraku appealed to Parliament to remove the FDA provision allowing it to approve or reject such sponsorships.
- Okraku argues that removing the restriction would open up opportunities for more corporate sponsorship in Ghanaian sports.
Why This Matters
This article highlights a significant financial setback for Ghanaian sports, particularly football, demonstrating how existing regulatory policies can hinder private sector investment crucial for growth. It underscores the ongoing debate in Ghana regarding balancing public health concerns with economic development and the potential for sports to attract substantial funding. The appeal to Parliament also signifies a push for policy reform that could have broader implications for how various industries engage with sports and other sectors.
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Elevate Africa partners with National University to provide business mentorship for threads of Africa Fashion Film winners
- Elevate Africa and the Center for Business Innovation, Entrepreneurialism and Management (CBEM) at National University have partnered for an exclusive business mentorship program.
- The program is designed for the four winners of the Threads of Africa Fashion Film Prize, an initiative announced during the Elevate Africa 2026 Convening in Accra, Ghana.
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- The mentorship program, valued at an estimated $25,000 in-kind, also offers opportunities for collaboration on media and production, complementing the $25,000 non-dilutive funding grand prize for the film competition.
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Mahama urges stronger Ghana-UK ties, welcomes UK openness to reparations dialogue
- President Mahama called for stronger Ghana-UK relations, citing shared democratic values and the need for multilateral cooperation in a changing global order.
- He emphasized the importance of countries with common interests forging stronger partnerships to navigate the unraveling global architecture.
- Mahama welcomed Britain's increased engagement with countries like Ghana and commended the UK Prime Minister's statement on reparations.
- He viewed the reparations statement as a crucial first step for discussions on historical injustices of the transatlantic slave trade and colonialism.
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2026 CAF Awards: Semenyo shortlisted for Player of the Year award
- Ghana international Antoine Semenyo has been shortlisted for the 2026 CAF Player of the Year award.
- The Manchester City forward's nomination follows his impressive performance, helping his club win the FA Cup and Carabao Cup.
- Semenyo also featured for the Black Stars at the 2026 FIFA World Cup.
- Other Ghanaian nominations include Caleb Yirenkyi for Young Player of the Year and the Black Stars for National Team of the Year.
- The 2026 CAF Awards, celebrating African excellence, will be held in Lagos, Nigeria, on December 7.