South African Billionaire Patrice Motsepe Re-elected Unopposed As Caf President
- Patrice Motsepe, re-elected unopposed as CAF President until 2029, securing widespread support at the 14th CAF Extraordinary General Assembly in Cairo.
- Under Motsepe, CAFs finances improved, cutting deficits and increasing tournament prize money, while AFCON 2023 viewership hit a record 1.4 billion.
- Beyond football, Motsepe funds poverty relief, education, and healthcare through multimillion-dollar donations and African innovation initiatives.
South African billionaire and mining magnate Patrice Motsepe has been re-elected unopposed as President of the Confederation of African Football CAF, securing another term until 2029. His reappointment was confirmed at the 14th CAF Extraordinary General Assembly in Cairo, reflecting widespread support from football stakeholders across the continent.
Motsepe, who first took office in March 2021 as CAFs seventh president , has been credited with stabilizing the organizations finances, expanding its global reach, and increasing investment in African football. His leadership has reshaped CAFs financial outlook, attracting record sponsorship deals and boosting revenue streams.
Strengthening CAFs financesSince taking over, Motsepe has led a major financial turnaround. Tournament prize money has increased significantly, while annual subventions to Member Associations have doubled to 400,000. CAF has also slashed its fiscal deficit from 28.9 million to 9.2 million an impressive recovery from its 45 million loss in 2021.
His leadership has brought in record-breaking sponsorship deals and unprecedented viewership numbers. The TotalEnergies Africa Cup of Nations AFCON 2023 in Cte d'Ivoire attracted a historic 1.4 billion viewers, cementing African footballs growing appeal.
CAF has also prioritized financial support for its Member Associations, with increased prize money for major tournaments like the TotalEnergies CAF Champions League and the TotalEnergies CAF Womens Africa Cup of Nations. These efforts have strengthened the foundation of African football and reinforced confidence in Motsepes leadership.