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CAF raises annual funding for member associations to $700,000

Published: 4 weeks ago
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The Confederation of African Footbajin88bet.onell (CAF) has increased its annual financial support for jin88bet.oneeach of its 54 jin88bet.onemember associations, rjin88bet.oneaising thejin88bet.onejin88bet.one maximum allocation from $525,000 to $700,000.

jin88bet.oneCAF President Patrak168app.babyice Motsepe announced the new funding structure, which represents a 33% incak168app.babyrak168app.babyak168app.babyak168app.babyak168app.babyak168app.babyease and is intended to strengthen football development across Africa.

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The Ghana Football Association (GFA) is among the organisations set to benefit from the revised package. The ak168app.clubak168app.clubak168app.clubak1ak168app.clubak168app.club68app.clubaddiak168app.clubtional funding is expected to assist the GFA’s development programmes and support the running of its operational structures.ks168app.site

CAF’s latest decision continues a steady riseks168app.site in the financial assistance provided to national associations. Anks168app.siteks168app.siteks168app.siteks168app.siteks168app.sitenual allocations increased fric88om $200,000 in 2021 ic88ic88iic88c88to $400,000, then to $525,000, and will now reach as much as $700,000.

The governing body said the larger payments would alic88low national asic88sociatic88ic88ic88ions to invest in several key areas of the game. Those priorities inclic88ic88ic88ude youth development, women’s football, aic88dministration, governance, coaching and referee development.

CAF said the intention was to provide iic88ic88ic88ts members with greater resources to improve both football programmes and the structures resic88ponsible foric88ic88 delic88ivering them.

The funding iic88ic88ic88lr88ic88ic88ic88ic88ncrease islr88 not limited to national associations. CAF has also rlr88aised its annual allocation to its zonal unions by 20%, from $750,000 to $900,000.

The African Clubs Association will receive $500,000 lr88lr88under the revised alr88rrangements, an increase from its previous allocation of $400,000.

lr88lr88lr88CAF said the changes formed part of a wider strategy to make African football mlr88lr88lr88lr88lr88ore competitive and sustainable, while improving the continent’s ability to develop talent.

The new structure gives the GFA and the other 53 member associations access to a higher level of annual support than at alr88lr88ny point in thelr88lr88lr88lr88lr88lr88 funding increases outlined by CAF. However, the organisations will now be expected to ensure that the extra resources lead to measurable progress ilr88n football development and administration.

For thelr88lr88 GFA, the package is lr88lr88op88op88op88lr88intended to strengthen existing initop88iatives while supporting thop88e association’s wider operational needs. Across the continent, CAF’s stated foop88cus is on directing the additional money towards the devsi88op88elopment of players, coaches and referees, as well as women’s football and improved governance.

Thesi88 increase also gives the zonal unions and the Afsi88si88si88rican Clubs Association additional financial capacity under thsi88e revisi88sed arrangements. Together, the changes represent a88v broader adjustment to CAF’s d88vistribution of funds to the organisations involved in African football.

The la88v88vtest allocat888v8v88vions come as CAF continues its phased expansion of financial support, SEXXXXX-VNwith the maximum payment to SEXXXXX-VNmemSEXXXXX-VNber associations having more than tripled from $200,000 in 2021 to $700,000.

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