African FAs to receive US$200,000 grants from CAF
The Confederation of African Football (CAF) President, Ahmad Ahmad, has confirmed the continent’s associations will earn US$200,000 grants as Covid-19 relief.
This decision was reached by the CAF Emergency Committee to support Member Associations.
A total of USD 10.8 Million is expected to be distributed to 54 Member Associations.
CAF moves to ease financial distress on members@CAF_Online has waived preconditions for, and fast tracked release of grants to federations.
— Zimbabwe Football Association (ZIFA) (@online_zifa) May 29, 2020
”Due to the fast-spread of COVID-19, African MA’s have suspended all domestic competitions.”
“This has brought about huge financial burdens on their shoulders,” President Ahmad said through a statement posted on CAF’s website.
“CAF has thus decided to wave the eligibility requirements to access the annual grants, so all MA’s can benefit during this difficult period,” he further added.
— Binti Sports (@BintiSports) May 29, 2020
Two weeks ago, CAF announced the distribution of USD 3.5 Million to the participants of the Interclub competitions for the 2019/20 season.
The two club competitions, Total CAF Champions League and Total CAF Confederation Cup, were suspended after the quarter-final matches due to COVID-19.
Meanwhile, CAF is monitoring the situation closely and working with the relevant authorities including the Wealth Health Organization (WHO).
They will discuss on the impact of the virus on the continent, and will announce developments to the competitions at the appropriate time.