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CAF Raises Annual Funding for Member Associations to $700,000

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The Confederation of African Football (CAF) has increased its annual funding for each of its 54 Member Associations to up to $700,000, a 33% rise from the previous allocation of $525,000.

CAF President Dr Patrice Motsepe announced the increase, alongside a separate rise in annual support for CAF’s Zonal Unions from $750,000 to $900,000, a 20% increase.

The latest adjustment continues a series of increases introduced under Motsepe and the CAF Executive Committee. Member Associations received $200,000 annually in 2021. That amount was later doubled to $400,000, increased to $525,000, and has now risen to $700,000.

CAF said the funding is part of its efforts to help make football across its 54 Member Associations world-class and financially self-sustaining.

The post CAF Raises Annual Funding for Member Associations to $700,000 appeared first on Taarifa Rwanda: .

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Source: Taarifa Rwanda ↗
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