CAF boosts annual funding for member associations to $700,000
The Confederation of African Football has increased annual funding for each of its 54 member associations by 33 per cent to $700,000 to develop football. Read More: https://punchng.com/caf-boosts-annual-funding-for-member-associations-to-700000/
The Confederation of African Football (CAF) has increased annual funding for its 54 member associations by 33%, raising the allocation to $700,000. This development, announced by CAF President Dr Patrice Motsepe, is part of efforts to enhance football development across the continent. The increase signifies a 20% rise from the previous allocation of $750,000.
In addition, CAF has also increased the annual funding for its zonal unions to $900,000, up from the previous $750,000. These enhancements reflect Motsepe's commitment to making football across Africa world-class and financially sustainable, and represent a continued rise in financial support for national football associations since Motsepe took over as leader of the continental governing body.
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