South African billionaire Patrice Motsepe was announced as the new president of the Confederation of African Football (CAF) on Friday. Motsepe succeeds Malagasy Ahmad Ahmad, who is serving a two-year FIFA ban over "governance issues", and will require his vast array of business skills to fix the organisation. Motsepe succeeds disgraced Malagasy Ahmad Ahmad, who is serving a two-year FIFA ban over "governance issues", and will require his vast array of business skills to fix the organization. The South African is the founder and executive chairman of African Rainbow Minerals and is non-executive chairman of Harmony Gold, one of the world’s largest gold mining companies. Motsepe is the first South African to lead CAF, following in the footsteps of two Egyptians, a Sudanese, an Ethiopian, a Cameroonian and a Malagasy.

Source: Ethiopian News March 12, 2021 12:22 UTC