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CAF to offer financial aid to Member Associations

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LUYOMBYA SWAIB

The deadly coronavirus pandemic has wreaked havoc globally and as a result many sporting activities and other gatherings in various countries were banned.

This led to suspension of a number of football events in the World.

On Thursday 28th May, the Confederation of African Football (CAF) approved a financial grant to support all its 54 Member federations.

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The development was confirmed in a meeting held via video conference, where the CAF emergency Committee decided to offer financial grants of $10.8 Million dollars to the 54 Associations to ease on the financial burden.

“The CAF emergency Committee has approved the immediate distribution of financial grants to member Federations to support the management of football at the domestic levels affected by the global pandemic.”

A total of USD 10.8 Million will be offered to the 54 Member associations on the continent as part of a relief plan to ease the financial burden on the African football community during these unprecedented times.” Reads a CAF Statement.

Two weeks ago, CAF announced the distribution of USD 3.5 Million to the participants of the Inter club competitions for the 2019/20 season. The two club competitions, Total CAF Champions League and Total CAF Confederation Cup, were suspended after the quarterfinals matches due to COVID-19.

Meanwhile, CAF is monitoring the situation closely and working with the relevant authorities including the Wealth Health Organization (WHO), FIFA amongst others on the impact of the virus on the continent, and will announce developments to our competitions at the appropriate time

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