A Historic First at CAF… What Is It About?
African national federations could soon benefit from a significant increase in their annual grants. According to Ghanaian journalist Mickey Jnr, financial assistance from the Confederation of African Football (CAF) could rise from $200,000 to $700,000 per federation.
CAF considering tripling its grants
According to this information, each member federation could receive an additional $500,000 per year, representing a 250% increase compared with the current amount. This increase would concern all 54 CAF member associations.
The additional funds would notably make it possible to develop sports infrastructure and academies, support school football and strengthen the identification of young talent across the continent.
This prospect comes after the CAF strategy conference, held from October 7 to 9 on Sal Island, Cape Verde. The governing body’s president, Patrice Motsepe, is even reportedly aiming to raise the annual grant to $1 million per federation, subject to the arrival of new commercial partners.
Ghanaian journalist Mickey Jnr welcomed the initiative and said:
"A BIG WIN FOR AFRICAN FOOTBALL!
CAF President Dr Patrice Motsepe has reaffirmed his commitment to African football by increasing the annual financial support granted to each of the 54 member associations from $200,000 to $700,000!
This increase is intended to help national federations strengthen their operational capacity, consolidate their financial stability and develop football across the continent.
Dr Patrice Motsepe deserves to be commended for recognising the financial difficulties faced by many African federations and for taking steps to provide them with greater support.
This is an important investment in the future of African football.
Stronger federations offer better opportunities to develop local talent, improve football structures and promote the growth of the sport across Africa.
When national federations have the necessary support, African football benefits from a stronger foundation for development. "
AFCON: backtracking, U-turns… CAF gives the impression of navigating by sight