Press review — 16 September 2025
BeBeez reports an agreement by CITIC Holding IF Group LLC to invest between EUR 180 million and EUR 200 million in the development of the African Confederation of 7-A-Side Football (CAF7).
The initiative is intended to support the growth of seven-a-side football across Africa, including competitions, training and youth development, sports infrastructure and institutional partnerships. CAF7 was established in 2025 and forms part of the International Federation of 7-a-side Football.
Avocom assisted CITIC on the agreement, with Francesco del Bene acting as legal adviser. The linked reports describe the announced agreement and its development objectives.
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