CAF Bounces Back From $140M Debt to $11.7M Profit Under Motsepe’s Leadership

CAF Bounces Back From $140M Debt to $11.7M Profit Under Motsepe’s Leadership

The Confederation of African Football (CAF) has recorded a profit for the first time in eight years, reversing years of financial losses. 

According to reports, the body was over $140 million in debt before Patrice Motsepe took office in 2021. 

Since then, CAF’s annual revenue has risen sharply to about $150 million, with the latest accounts showing a surplus of $11.7 million a major turnaround credited to Motsepe’s reforms and financial discipline.