Equatorial Guinea: FEGUIFUT called upon to justify more than 1,6 billion FCFA received from FIFA and CAF

The Equatorial Guinean Football Federation (FEGUIFUT) will have to account for the use of funds it receives from international football bodies. The Vice-President of the Republic, Teodoro Nguema Obiang Mangue, is demanding a detailed statement of subsidies from FIFA and the Confederation of African Football (CAF), estimated at over 1,6 billion CFA francs over the last two years.

This demand comes at a time when the state continues to bear a significant share of the costs associated with national football. Construction of sports infrastructure, funding of leagues, and support for national teams are among the expenses borne by public authorities.

The vice-president believes it is therefore essential to know how the resources made available to the federation by international bodies are being used. He specifically requests a document detailing the amounts received, the nature of the aid granted, and a breakdown of expenditures.

The announced measure is unequivocal. After the two home-and-away matches of the Nzalang Nacional men's team against Zimbabwe, the government will temporarily limit its funding for football activities until the FEGUIFUT submits a full financial report.

Through this decision, the authorities intend to better distribute the burden between the State and the federation, while demanding more transparency in the management of resources intended for the development of Equatorial Guinean football.

Yolande Bazié