COUNTRIES

Benin: Government Releases Approximately 8 Billion to Fund Sports

HomeSportAfrica SportsBenin: Government Releases Approximately 8 Billion to Fund Sports

The Benin government has recently announced funding of 4.655 billion CFA francs for sports federations and professional clubs for the year 2024.

This announcement was made during an official ceremony at the Palais des Congrès in Cotonou on April 11, 2024. The funding is part of ongoing efforts to support the sports sector. Including other financial commitments made previously, the total financial support from the government for the year amounts to about 8 billion CFA francs.

Since 2016, under President Patrice Talon’s administration, financial support for sports has been progressively increasing, with allocations that have significantly risen ever since. These funds are dedicated to various aspects of sports, including professionalization, athlete training, and improving sports infrastructure.

Furthermore, the Ministry of Sports has established criteria for the allocation of these grants to strengthen the structure of federations and clubs. These criteria cover various aspects of sports management, such as techniques, administration, finance, and strategy, aiming to promote more efficient organization and more competitive sports performances.

With a view to more rigorous management of public funds, the Minister of Sports, Benoît Dato, announced the introduction of a monitoring, evaluation, and control mechanism for the distributed grants. The objective is to ensure optimal use of financial resources and to hold beneficiary structures accountable. In conclusion, the Minister called on federations and clubs to adopt efficient and responsible management of resources to foster the development of Beninese sports.

-Publicité-

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Europe

Real Madrid: major setback for Eduardo Camavinga

Europe

Real Madrid: Vinicius Junior faces possible two-year suspension over alleged FIFA rule violation

Nigeria

Tems, Asake, Rema, and Wizkid nominated for the 2025 American Music Awards

Nigeria

P-Square: Jude Okoye released from prison

Europe

La Liga: Real Madrid edge past Getafe and stay close behind Barça

Ivory Coast

Côte d’Ivoire – Tidjane Thiam’s removal: Government responds to court ruling

World

Cardinal Sarah: the anti-Francis of the Vatican?

DR Congo

DR Congo: first compromise signed between the government and M23 in Doha

Europe

SPL: Saudi Arabia sets sights on Raphinha

Europe

Champions League: Luis Figo predicts the winner