Central America will host the 2020 U20 Women's World Cup in August, ahead of Nigeria's bid to become the first African country to stage a global women's tournament.
The development means the West African nation, who were in the race to land the hosting rights, have finally lost out over its inability to meet Fifa conditions since an inspection in August.
The confirmation also dashed Africa's hopes of organising the first-ever Fifa women's tournament on the continent next year.
Fifa’s chief tournaments and events officer Colin Smith told the press: “We would like to thank the Costa Rican and Panamanian football associations for their commitment towards women’s football and the Fifa U-20 Women’s World Cup in particular. We are looking forward to a fantastic competition in August."
Corroborating Smith, Sarai Bareman, Fifa's chief women’s football officer said: “After the highly successful Fifa Women’s World Cup in France this year, it is important that we build on the momentum at all levels of the game.
"The U20WWC in Costa Rica and Panama next year is a perfect opportunity for us to continue driving the popularity of the game and with it being the first jointly hosted tournament – we can make the impact even greater".
🚨OFICIAL🚨— FIFA Women's World Cup (@FIFAWWC) December 20, 2019
La #U20WWC 2020 se jugará
en Costa Rica🇨🇷 y Panamá🇵🇦 en agosto
The #U20WWC will be hosted
by Costa Rica🇨🇷 and Panamá🇵🇦 in August
ES 👉 https://t.co/8lRs5tzzGp
With the hosts now known, Fifa is expected to announce further details on the number of stadiums that will host the World Cup matches, the dates for the tournament and the match schedule.
Costa Rica will host the second Women's World Cup after organising the U17 tournament which was won by Japan in 2014.
It is the first time a Fifa women's competition will be organised in two countries with 16 teams to compete in the 10th edition of the tournament next year.