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According to entertainment website, abrantepa.com, the president made the donation through the Ministry of Tourism, Culture and Creative Arts and joins a long list of similar donations made by the first gentleman towards the welfare of entertainers.
The photos sought to quell inaccurate social media reports that the actor had died.
Related: Photos: Kumawood actor Wayoosi admitted to Komfo Anokye Teaching Hospital
Other reports also say the actor is battling kidney diseases while others claim he has been placed under a curse which caused his stomach to bloat.
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A number of fellow actors including Vivian Jill and Salinko have paid a visit to Wayoosi.
The 40 year old is well known for role as a child (because of his diminutive stature) in numerous Kumawood comedy films.
The film industry in Kumasi, where films are shot in the local Akan language, is informally called Kumawood.