CAF offers $500,000 to each African representative for 2018 World Cup preparations

 

The Confederation of African Football (CAF) has said it would grant financial subsidy of $500,000  to all five African representatives at the forthcoming 2018 FIFA World Cup.

The continental football governing body said the decision was taken by its Executive Committee and other stakeholders on the sidelines of the 2018 FIFA World Cup draws in Moscow on Friday.

“At its last meeting held on Nov. 16 in Rabat, Morocco the CAF Executive Committee decided to set up an ad hoc committee chaired by the CAF First Vice President, Kwesi Nyantakyi,” the continental football body said in a statement on Friday.

“The committee was told to map out a kind of support to be provided to Continue reading “CAF offers $500,000 to each African representative for 2018 World Cup preparations”

South Korean President offers to resign

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Embattled South Korean President Park Geun Hye on Tuesday said she was prepared to resign, but would let the parliament decide on her exact political fate.

Speaking in a televised address in Seoul, Ms. Park added that she would be prepared to let the lawmakers decide how long she should remain in office, if necessary.

“I will leave it up to the National Assembly to determine my fate, includin Continue reading “South Korean President offers to resign”