Member associations and regional bodies set for financial windfall after CAF grant hike
CAF has announced increased annual subventions for its 54 member associations, zonal unions, and African Clubs Association to drive continent-wide football development and sustainability.
The Confederation of African Football (CAF) has announced substantial financial increases for its 54 member associations and six zonal unions. During a strategic conference in Cape Verde, CAF president Patrice Motsepe revealed a 33% rise in annual grants to member associations and a 20% boost for zonal unions. This translates to each member association receiving $700,000 annually, up from $525,000, and zonal bodies like the Council of Southern Africa Football Associations (Cosafa) seeing their funding increase from $750,000 to $900,000.
The financial support from CAF under President Motsepe's leadership underscores a commitment to developing football across Africa's 54 countries. Since 2021, CAF's annual subventions to member associations have grown by 250%, with initial grants of $200,000, which have been progressively raised to the current level of $700,000. CAF's new funding strategy aims to bolster football development structures, enhance youth and women's football, improve administrative and governance practices, and establish sustainable programs for players, coaches, referees, and other stakeholders.
Additionally, the African Clubs Association (ACA) has also seen a 25% increase in its subvention, from $400,000 to $500,000.
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