Ibrahim Mahama’s E&P donates $5m to support Black Stars 2026 World Cup campaign

By
Makay
-
0
681
Ibrahim Mahama’s Engineers and Planners donates $5 million

Ibrahim Mahama’s mining firm, Engineers & Planners Co. Ltd, has pledged to invest $5 million as the headline sponsor of Ghana’s fundraising campaign ahead of the Black Stars‘ 2026 FIFA World Cup campaign.

According to reports, the announcement was made at a public fundraising event held in Accra on March 20, 2026.

Ibrahim Mahama’s E&P investment is expected to provide a major boost to the Black Stars’ preparations as the team gears up for the tournament.

“The sponsorship is also expected to ease financial pressures on the Ghana Football Association as it finalises plans for the World Cup campaign.

The donation was presented on behalf of the company by Director of Operations Biliguo Eric Adama and Special Aide to Ibrahim Mahama, Rafik Mahama, highlighting the company’s longstanding commitment and continued support to the development of sports in Ghana”, Ghanasoccernet is quoted to have said.

Meanwhile, President John Dramani Mahama has announced that his government will not fly Ghanaian supporters to the 2026 FIFA World Cup.

According to President Mahama, the government’s decision is in line with recommendations in the Dzamefe Report, which warned against the use of public funds for such purposes.

President Mahama highlighted that even supporting a small number of 200 fans would place a significant financial burden on the state.

He detailed that flying and accommodating just 200 supporters could cost close to $2 million.

Speaking at the Ghana World Cup fundraising campaign on Friday, March 20, 2026, Mahama stated, “In consonance with the Dzamefe Report, the government has no plans to allocate public funds to fly supporters to the World Cup”.

“We all want to see our fans in the stands, but we must be responsible in how we use public resources,” he added.

Mahama stressed the need to channel funds into critical areas such as job creation.

Also, Kofi Adams has announced that the Ghana Football Association (GFA) has proposed over $13 million for the Black Stars’ campaign at the 2026 World Cup.

According to Kofi Adams, the over $13 million for the Black Stars’ remains at the proposal stage, with discussions yet to be held with the Ghana Football Association (GFA) for scrutiny before final approval.

He explained that the figures could either be reduced or maintained depending on the outcome of deliberations.

Following the Sport Minister’s revelation, a detailed breakdown has emerged of how the GFA intends to spend the over $13 million.

According to reports, about $1,230,465 will be spend pre-tournament camping, which includes friendly matches and preparations at their training base ahead of the World Cup in the United States, Canada, and Mexico.

The breakdown also shows that approximately $6,284,000 is expected to be spent during Black Stars’ group stage against England, Croatia, and Panama.

In case the Black Stars qualify for the Round of 32, an estimated $690,000 will be spent, with another $920,000 estimated for the round of 16.

Also, $1,137,500 has been proposed for the quarter-finals, and another $1,365,000 for the semi-finals.

Members of the Black Star’s Management Committee are also expected to receive $310,000 as honorarium.

In case the Senior National team reach the final, an additional $1,840,000 will be required, bringing the entire proposed expenditure amount to $13,776,965.

See the detailed breakdown below:

Pre-tournament camping – $1,230,465

Group Stage – $6,284,000

Round of 32 – $690,000

Round of 16 – $920,000

Quarter-final – $1,137,500

Semi-final – $1,365,000

Final – $1,840,000

Honorarium to Management Committee – $310,000

Total – $13,776,965

Watch the video below: