The Confederation of African Football (CAF) president Patrice Motsepe has revealed an ambitious plan to have member associations (African nations) receive up to Ksh128 billion collectively.The plan that will fully be effected in eight years is part of the monetary incentives that the African football governing body keeps on disbursing to member states.##NAJAVA_MECA_8445527##Speaking during the 46th CAF Ordinary General Assembly that was held on Tuesday 21 October in Addis Ababa, Ethiopia, the former Mamelodi Sundowns chairman explained that the money will come from the private sector with a tender for the same set to be floated in due course.“We are going to pass a resolution in the next few days, opening a tender and inviting many of the private companies and enterprises to be part of this plan to make sure that over the next eight years, there is USD1 billion (Ksh128 billion) that is made available for football,” said Motsepe.Zico blames part of Gor Mahia’s struggles against KCB on unplayable Dandora StadiumThe South African tycoon went ahead to explain that the use of the money would not be open-ended but rather have an outlined use.The 62-year-old stated that the money would be ring-fenced to be used for football development. All these are part of CAF’s efforts to become one of the best continents in world football as stated by the president.##NAJAVA_MECA_8445511##“Every cent of that money must go towards football development. We have to recognize that part of our objective is to be the best in the world and so we have to keep developing,” he stated.Starting this season, CAF introduced a financial initiative for every team that participates in the preliminary stage of inter-club tournaments.John Kamau challenges Mathare United players to instill ‘slum mentality’USD 50,000 (approximately Ksh6.4 million) was given to each club with Kenya’s Gor Mahia and Kenya Police FC benefiting from the initiative.Motsepe is an accomplished businessman who is also South Africa’s first black billionaire and will be hoping to use his business acumen to steer continental football forward.
