Motsepe: CAF achieves unprecedented financial leap thanks to Morocco and Lekjaa

Patrice Motsepe, president of the Confederation of African Football, has announced an unprecedented financial turnaround within the continental football body, which has gone from a deficit estimated at around 100 million dollars to a financial surplus of nearly 150 million dollars since he took charge of CAF.

Motsepe stressed that this achievement did not come out of nowhere, but was the result of deep financial and structural reforms, along with the support of several partners, foremost among them Morocco, which contributed significantly to strengthening the confederation's financial stability.

The South African official also highlighted the pivotal role played by Fouzi Lekjaa, head of CAF's finance committee, in improving financial governance, streamlining spending and boosting the confederation's revenues, which had a positive impact on the continent's various competitions.

The CAF president pointed out that this financial progress made it possible to significantly raise the value of the prize money allocated to African tournaments, a move aimed at strengthening the competitiveness of clubs and national teams and elevating African football to higher levels.

This transformation is part of a comprehensive strategy led by Motsepe that seeks to modernise the management system within CAF, enhance transparency and achieve financial sustainability that serves the future of football on the African continent.