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

The Confederation of African Football has increased its annual funding for each of its 54 member associations from $525,000 to $700,000, a 33% rise. CAF’s zonal unions will now receive $900,000 annually, up from $750,000. The body says the additional funding is intended to strengthen football development, administration and financial sustainability across Africa. The support has risen steadily since 2021, when member associations received $200,000 per year. Nigeria’s football authorities are among those expected to benefit from the new allocation.

Use The App To Win ₦1m

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.