CAF reports financial turnaround with major investment in football development

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CAF has announced a financial turnaround at the 46th Ordinary Assembly held in Addis Ababa

The Confederation of African Football (CAF) has revealed a significant financial recovery during its 46th Ordinary Assembly in Addis Ababa, Ethiopia.

Led by CAF President Dr. Patrice Motsepe, the assembly presented the audited financial report for the 2022-2023 fiscal year along with the budget for 2024-2025.

A key highlight is the reduction of losses from USD 28.9 million to USD 9.2 million, showcasing the success of strategic reforms initiated in 2021.

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