CAF announces 33% funding boost for African FA’s
The Confederation of African Football (CAF) has announced a significant 33% annual funding boost for all of its 54 African Football Member Associations.
The development was announced in Sal, Cape Verde on October 14 by CAF President Dr Patrice Motsepe who announced the increase in annual funding which amounts to USD 700,000 for each of CAF’s 54 Member Associations.
As part of the new structure, which also sets aside USD 900,000 annually for CAF Zonal Unions (an increase from the USD 750 000), each of the CAF Member Association will now receive up to USD 700 000 annually from CAF.
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The announcement which represents another significant increase in CAF’s financial support for its Member Associations is earmarked to support grassroots programmes, youth development, women’s football and infrastructure across the continent.
In 2021, CAF Member Associations received annual subventions of USD 200,000. This was subsequently doubled to USD 400,000 before increasing to USD 525,000 and now USD 700,000.
