Motsepe Wants To Invest R14bn In African Football
Following his appointment as CAF president, Patrice Motsepe has started to visit some member countries and wants to invest over R14 billion into African football.
The former Mamelodi Sundowns president is the eighth president of CAF and has taken office on 12 March 2021.
He has started his reign and traveled to the CAF headquarters in Cairo recently before visiting Morocco to discuss his ambitious infrastructure project worth $1 billion (R14 billion).
“Following his meetings at CAF headquarters in Cairo, Dr. Patrice Motsepe visited Morocco on Friday 23 April 2021 where he met the President of the Royal Moroccan Football Federation and member of FIFA Council, Fouzi Lekjaa,” CAF announced on Saturday.
“The main purpose of his visit was to discuss the ambitious project to develop football infrastructure in the continent. The CAF President has delegated Mr Lekjaa to oversee this project.
“This new infrastructure project, with a budget of one billion US dollars, aims to change the face of African football.
“As infrastructure development is one of President Motsepe’s main goals, he will be working closely with Mr Lekjaa and other members of the CAF leadership to drive this goal.”