logo
CAF launches CAF IMPACT Programme to promote sound financial Governance, Youth Competitions and Community Outreach with Member Associations

CAF launches CAF IMPACT Programme to promote sound financial Governance, Youth Competitions and Community Outreach with Member Associations

CAF5 hours ago

Published: Tuesday, 17 June 2025
The Confédération Africaine de Football (CAF) has officially launched, at the Executive Committee meeting on 26 April 2026, the CAF IMPACT programme, a strategic initiative aimed at further improving transparency and accountability, in the use of funds made available to CAF Member Associations and Zonal Unions for the development of football with the aim of ensuring the sustainable development and enhanced competitiveness of African football at a global level.
The programme will be governed by a dedicated set of Regulations, the CAF IMPACT Regulations, which will oversee and regulate the use of funds by Member Associations. This move marks a significant step towards ensuring that financial resources are managed with integrity and purpose.
The CAF IMPACT Programme is designed to empower Member Associations by strengthening financial governance, fostering the growth of youth competitions, supporting football development and expanding on impactful community outreach initiatives.
The programme and its regulations are uniquely tailored to meet Africa's specific challenges and opportunities empowering Member Associations, inspiring youth, and building a football future rooted in excellence and inclusion.
The CAF IMPACT Programme can be broken down into three major objectives: Invest in the growth and development of CAF's Member Associations by providing resources and infrastructure to nurture football talent in their countries. Promote positive impact by driving gender inclusion, youth development and community outreach that shapes the future of African football. Encourage and support good governance, transparency and accountability to ensure that African football's development is managed responsibly, ethically and sustainably.
CAF Member Associations will receive up to USD 1.6 million over four years—a 60% increase from the previous cycle. These funds are intended to support: Women's football;
Football development and youth competitions;
School football programmes;
Operational costs;
Training, especially for coaches and referees.
In addition, USD 500,000 in performance-based incentives will be available over four years for each Member Association. These will be awarded to Member Associations that have met certain criteria in key areas such as:: Participation in the five (5) competitions of the zonal unions;
The implementation of safeguarding policies
The organization of the CAF African Schools Football Championship at national level
Launching initiatives to ensure compliance with applicable regulations (compliance and integrity).
Training sanctioned by a diploma of a certain number of women coaches.
All funds will be managed through dedicated CAF IMPACT Programme accounts and subject to oversight by independent auditors to ensure transparency and accountability.
'CAF and its President are ensuring that every dollar invested is used to develop African football. That means development with a special focus on Women's Football and the Youth. With the CAF IMPACT Programme, a minimum of 50% of the subvention to Member Associations must be spent in these two areas. We are shaping the future of African football, creating opportunities for every nation, every region and every girl and boy on the continent. We are accelerating development to make African football globally competitive and self-sustaining, with a shared vision for Africa's future,' said CAF General Secretary Véron Mosengo-Omba.
Further Inquiries:
communications@cafonline.com
CAF | Communication Department

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Madbouly touts tripled trade as Egypt, Serbia finalise free trade deal
Madbouly touts tripled trade as Egypt, Serbia finalise free trade deal

Daily News Egypt

time2 hours ago

  • Daily News Egypt

Madbouly touts tripled trade as Egypt, Serbia finalise free trade deal

Egypt has approved a free trade agreement with Serbia that will gradually eliminate customs duties, Prime Minister Mostafa Madbouly announced, noting that bilateral trade has more than tripled to around $300m since 2022. Speaking at the Egyptian-Serbian Business Forum on Tuesday, Madbouly confirmed the trade volume between the two nations rose from $94m in 2022 to approximately $300m in 2024. He stated that this figure is expected to grow further following the Egyptian parliament's ratification of the free trade agreement on 26 May. The agreement will gradually eliminate customs duties and quantitative restrictions on imports and exports of goods between the two countries. In his welcoming remarks to Serbian Prime Minister Guro Macut and the accompanying delegation, Madbouly said the agreement also includes provisions to enhance cooperation in services and investment, encourage joint ventures, facilitate technology transfer, and resolve commercial disputes. He stated this would 'provide a favourable environment for attracting joint investments and strengthening the economic partnership.' Madbouly highlighted that this complements Egypt's existing network of free trade agreements with the European Union, Arab nations, the African continent, the United Kingdom, Turkey, and the United States, providing tariff-free access to a market of over three billion consumers. 'We have the modern logistics to reach those markets, which will open the doors for trilateral cooperation, to manufacture together and export to all those markets without customs and with lower transport costs, whether through joint manufacturing in existing factories or through new investments,' Madbouly said. The Prime Minister emphasised that bilateral ties, which date back over a century, were strengthened by President Abdel Fattah al-Sisi's visit to Belgrade in 2022 and Serbian President Aleksandar Vučić's visit to Cairo last July. These visits led to the establishment of a Joint High Committee for Economic, Scientific, and Technical Cooperation and the signing of memoranda of understanding in higher education, culture, trade, agriculture, and investment. Madbouly added that joint cooperation extends beyond goods to include services, logistics, and tourism. He also pointed to opportunities for alliances in infrastructure, particularly in Africa and the reconstruction of neighbouring countries. He noted that Egypt could share its experience in rapid infrastructure development and the construction of fourth-generation cities to assist Serbia's preparations for hosting Expo 2027 in Belgrade. To facilitate such cooperation, Madbouly said Egypt has undertaken a series of legislative and procedural reforms to improve the business climate. These include launching the 'Golden Licence' to simplify processes for investors and issuing the 'State Ownership Policy Document' to increase private sector participation in the economy. He added that the government has developed dozens of serviced industrial, commercial, and logistical zones across the country, supported by a rapid national infrastructure development programme. 'All of this is supported by the development of multimodal transport to connect Egypt with the world through modern hub ports… and advanced road and rail networks, so we can transport what we produce together easily and efficiently to global markets,' Madbouly stated. He called on private sector representatives from both countries to create new partnerships and investments to leverage the opportunities offered. 'The Egyptian state today offers investors from Serbia outstanding opportunities,' Madbouly concluded. 'We have the political will to support economic relations and joint cooperation, we have promising opportunities in industry, agriculture, services, gas and oil, infrastructure and major projects, we have a distinguished strategic location, and we have an effective and active business community, a group of whom you met today.'

GCC tops export destinations for Dubai Chamber of Commerce members with value of AED 40.5 billion during Q1 2025
GCC tops export destinations for Dubai Chamber of Commerce members with value of AED 40.5 billion during Q1 2025

Mid East Info

time2 hours ago

  • Mid East Info

GCC tops export destinations for Dubai Chamber of Commerce members with value of AED 40.5 billion during Q1 2025

Members' exports and re-exports to GCC countries reached a combined value of AED 40.5 billion. • The total value of member' exports and re-exports achieved year-over-year (YoY) growth of 16.8% to reach AED 85.9 billion during Q1 2025. Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that markets within the Gulf Cooperation Council (GCC) remained the primary destination for its members' exports and re-exports during Q1 2025. GCC countries accounted for 47.2% of the total value member's exports with a combined value of AED 40.5 billion, underlining the region's continued importance to members' trade activities. Middle East markets outside the GCC secured the second-largest share of exports and re-exports with a combined value of AED 25 billion, representing 29.1% of the total value. African markets ranked third, accounting for 10.6% of members' total exports and re-exports, with a value of AED 9.1 billion. The Asia-Pacific region followed in fourth place, contributing 9.4% of total exports and re-exports with a combined value of approximately AED 8 billion. European markets secured the fifth position, representing 2.8% of total exports and re-exports, with a value of AED 2.4 billion. Meanwhile, North American markets ranked sixth, contributing 0.5% of exports valued at around AED 460 million. Latin American markets came seventh on the list, accounting for 0.4% of total exports and re-exports in Q1 2025 with a value of AED 315 million. The total value of exports and re-exports by Dubai Chamber of Commerce members achieved year-over-year (YoY) growth of 16.8% to reach AED 85.9 billion during the first three months of 2025.

Emirates Islamic wins top honours at the Euromoney Islamic Finance Awards 2025 - Middle East Business News and Information
Emirates Islamic wins top honours at the Euromoney Islamic Finance Awards 2025 - Middle East Business News and Information

Mid East Info

time2 hours ago

  • Mid East Info

Emirates Islamic wins top honours at the Euromoney Islamic Finance Awards 2025 - Middle East Business News and Information

Bank wins 'The World's Best Islamic Digital Bank', along with 'The Middle East's Best Islamic Digital Bank', and 'The UAE's Best Islamic Digital Bank' • Receives recognition for 'The Middle East's Best Islamic ESG Deal' and 'The Middle East's Most Innovative Islamic Deal' • Emirates Islamic wins laurels in the UAE for 'The UAE's Islamic Finance Deal of the Year', 'The UAE's Best Islamic ESG Deal' and 'The UAE's Most Innovative Islamic Deal' Dubai, June 2025: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been honoured with top distinctions at the Euromoney Islamic Finance Awards 2025, a distinguished recognition of the bank's global, regional, and local leadership in Islamic finance offerings. The Euromoney Islamic Finance Awards are given to Islamic financial institutions that have demonstrated outstanding performance, made an impact in their respective markets and contributed to the development of the Islamic banking and finance industry. Emirates Islamic was awarded the prestigious title of 'The World's Best Islamic Digital Bank', 'The Middle East's Best Islamic Digital Bank', and 'The UAE's Best Islamic Digital Bank'. The bank's digital-first approach has resulted in the award-winning EI + Mobile Banking App becoming an indispensable tool, with more than 500,000 customers already registered and 90% of total eligible customers now banking through the online and mobile versions of the app, surpassing 18 million total transactions, and averaging at over 4 million logins per month. Enhancing the digital experience has translated into a 30% increase in financial transactions setting a new industry standard for ease and efficiency. One of the most notable achievements of the EI + App has been the expansion of services from 50 during launch to 160 currently, including Shariah-compliant investment options. In addition, Emirates Islamic won 'The Middle East's Best Islamic ESG Deal' in line with its vision to be the pioneering Shariah-compliant bank for customers, people and communities, through its USD 750 million senior unsecured Sukuk. A milestone issuance for the Islamic Finance Industry in the UAE and the region, the Sukuk garnered substantial interest from global investors, closing with an oversubscribed orderbook of USD 2.1 billion – 2.8 times the initial offering. Emirates Islamic's Corporate & Institutional Banking has won four accolades for its Shariah-compliant solutions and structures implemented in various transactions. The bank won the regional award of 'The Middle East's Most Innovative Islamic Deal' as well as UAE awards including, 'The UAE's Islamic Finance Deal of the Year', 'The UAE's Best Islamic ESG Deal' and 'The UAE's Most Innovative Islamic Deal'. Farid AlMulla, Chief Executive Officer at Emirates Islamic, commented: 'We are delighted to win several awards at the Euromoney Islamic Finance Awards. Emirates Islamic is dedicated to pioneering Shariah-compliant products and services to meet the growing demand for ethical banking solutions and these accolades underscore our customer-centric efforts and initiatives. As the UAE continues to expand and diversify its national economy according to the UAE Strategy for Islamic Finance and Halal Industry by developing the Islamic financial sector and leading global Islamic finance activities, Emirates Islamic is committed to providing products and services that reinforces this ambition. We will continue to meet our customers' needs and further cement our position as an award-winning market leader.' Mohammad Kamran Wajid, Deputy Chief Executive Officer at Emirates Islamic, said: 'As a home-grown Islamic bank, our Shariah-compliant financing offerings, while providing immense client satisfaction, demonstrate a promise to innovation and sustainability. Therefore, our efforts have contributed to raising the profile of Islamic finance in the region and strengthening our success in providing a comprehensive Islamic banking proposition to all our customers, backed by seamless, customer-centric banking experiences that are both rewarding and memorable.' About Emirates Islamic: Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is a leading Islamic financial institution in the UAE. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major player in the highly competitive financial services sector in the UAE. Emirates Islamic offers a comprehensive range of Shariah-compliant products and services across the Personal, Business and Corporate banking spectrum with a network of 40 branches and 229 ATMs/CDMs across the UAE. In the fast-growing area of online and mobile banking, the bank is an innovator, being the first Islamic bank in the UAE to launch a mobile banking app and offer Apple Pay, as well as being the first Islamic bank in the world to launch Chat Banking services for customers via WhatsApp. Emirates Islamic has consistently received local and international awards, in recognition of its strong record of performance and innovation in banking. Emirates Islamic was recognized as 'Best Overall Islamic Bank' and 'Most Innovative Islamic Bank' at the Islamic Finance News Awards 2024. The Bank was also named the 'Most Innovative Islamic Bank' at the prestigious Euromoney Islamic Finance Awards 2024. As part of its commitment to the UAE community, the Emirates Islamic Charity Fund provides financial aid to those in need, with a focus on food, shelter, health, education and social welfare contributions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store