CAF continues financial recovery following revenue surges

The Assembly, chaired by CAF president Dr Patrice Motsepe, noted CAF's achievement of a significant financial turnaround in the 2022/23 fiscal year, with a remarkable reduction in losses from $28.9 million (R507 million) to $9.2 million (R162 million).

A year before, CAF's deficit was sitting at $45 million (R790 million). 

This continued positive development is primarily attributed to the strategic reforms implemented by CAF's management in 2021.

From the budgeted revenues in 2024/25, CAF is projecting a net profit of $11.7 million (R205 million) – for the first time in a a long time.

This financial health will enable CAF to deliver on its mandate of developing football in Africa.

Under the leadership of CAF President Dr Patrice Motsepe, CAF has achieved the highest revenues in CAF Competitions, as media rights and sponsorship revenues continued to grow significantly.

The increased revenues have enabled CAF to spend more in Financial Support for the Member Associations and Football Development programme. 

More than ever before, more is being allocated to driving Development Programmes, Schools Football, Match Officials and TV production.

At the 46th CAF Ordinary Assembly, CAF president Dr Patrice Motsepe confirmed the 100% increase of annual Financial Support (subventions) for Member Associations to $400 000 (from $200,000 in 2021) – a significant moment for nations who have been struggling to fund football activities.

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