CAF Provides $16.2m-COVID-19 Support Fund To Member Associations | The Lafete Magazine

CAF Provides $16.2m-COVID-19 Support Fund To Member Associations

The Confederations of African Football (CAF) has allocated an additional $16.2 million to assist the member-associations to fight the effects of COVID-19 pandemic.

As a result of this development,each member associations will be entitled to $300,000.
It will be recalled that football and other sporting activities had been put on hold since the outbreak of coronavirus pandemic in February this year.

It was not clear as at when the news came how CAF wants its members associations to use the funds.
In May, the world football governing body (FIFA) doled out $500,000 felief fund to its member-associations to cushion the effect of COVID-19.

FIFA, which had earlier disbursed a total of $150 million to its member football associations to help handle financial troubles caused by the coronavirus, said the fund was for “all operational funding” for 2019 and 2020 and is “the first step of a relief plan to assist the football community impacted by the COVID-19 pandemic.”

The CAF largese is coming even as greater football leagues across the continent has been suspended following the uncertainty occasioned by the pandemic.
However, CAF has rested it’s yearly award and also some of its flagship championships like the African Cup of Nations, which 2021edition was scheduled to take place in Cameroon has been postponed to 2022, even as Cameroon is still retained as the host.

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