GFA to receive $700,000 in annual subventions from CAF, an increase from $525,000
The Confederation of African Football (CAF) has increased its annual financial support to its 54 member associations by 33%, raising the allocation to as much as $700,000 in a move aimed at strengthening football development across the continent.
Dr Patrice Motsepe, President of the Confédération Africaine de Football (CAF), has announced a 33% increase in the annual subventions given to the 54 CAF Member Associations, along with a further 20% boost for CAF Zonal Unions. Under the new structure, each CAF Member Association will now receive up to USD 700,000 annually, up from the previous USD 200,000.
The CAF Zonal Unions will also receive an increased USD 900,000, a 20% rise from the prior USD 750,000. This latest allocation signifies a 250% increase since 2021, underscoring CAF's ongoing dedication to investing in football development and bolstering the capabilities of its Member Associations.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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