South African billionaire Patrice Motsepe elected new CAF President

South African billionaire Patrice Motsepe is the new president of Confederation of African Football (CAF).

Motsepe was elected unopposed at the 43rd CAF General Assembly meeting in Rabat, Morocco. His election had been decided a week before the election day in an deal that saw his three opponents named Vice Presidents by FIFA boss Gianni Infantino.

Motsepe, 59, replaces Madagascan Ahmad Ahmad who won the seat four years ago but was suspended from office following allegations of corruption.

Motsepe made a raft of promises to improve African football. "When we all work together, football in Africa will experience success and growth that it has not enjoyed in the past," he said.

Motsepe is the brother-in-law to South African president Cyril Ramaphosa. He is CAF's eighth president.

According to Forbes, Motsepe is the ninth richest man in Africa with an estimated net worth of $2.8 Billion.