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UCI Financial Report Shows Strength Despite Investment in African Cycling
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The Union Cycliste Internationale (UCI), cycling’s global governing body, is showing financial resilience even as it invests in the sport’s growth in Africa. The recently released UCI Annual Report for 2024 highlights a strong financial year, providing a cushion for strategic investments like hosting the 2025 World Road Championships in Kigali, Rwanda.
UCI Prioritizes Global Cycling Development with Rwanda championships
In 2021, the UCI made a landmark decision to award its prestigious World Road Championships to Kigali, Rwanda, marking the first time the event would be held on African soil. This move underscores the UCI’s commitment to expanding cycling’s reach and fostering its development in new regions. To facilitate this, the UCI’s Management Committee approved a reduced organization rights fee, acknowledging the financial effort as part of its development and solidarity mission.
Did You Know? The UCI’s Agenda 2030 outlines strategic projects aimed at further developing cycling worldwide.
While the 2025 budget anticipates a logical loss due to the reduced fee, the UCI’s strong financial foundation ensures that its overall financial health remains secure. This strategic investment reflects a long-term vision for the sport, prioritizing global growth over short-term profits.