CAF votes $300,000 to Member Associations

CAF votes $300,000 to Member Associations

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CAF Allocates Additional 16.2 million USD to Member Associations

The Confederation of African Football (CAF), has voted USD 16.2 Million as an allocation fund to its Members Associations to mitigate their financial challenges as a result of the COVID-19 pandemic.

The amount was a top-up to the $10.8 million CAF released on May 28, 2020 for the same purpose, making it a total of USD 27 Million.

Per the latest development, each of the the 54 Member Association will be entitled to USD 300,000, instead of $200,000 as earlier announced by CAF.

The decision was taken by the CAF Executive Council (ExCo) at a via video conference on Tuesday, June 30.

The funds are part of CAF’s annual grants to its Member Associations and it decided to ignore some of the eligibility conditions for the funds due to the difficulties faced by the national federations through the Coronavirus pandemic period.

Football in the continent has been affected by the global pandemic since March, and the African football body met to deliberate on matters affecting the game on the continent.

From Sammy Heywood Okine

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