Council of Southern Africa Football Association (Cosafa) member countries recently agreed to revive the annual tournament during their annual general assembly in Lusaka, Zambia.
Plans are at an advanced stage for the regional tournament to be held next year in Zambia.
According to reports from Zambia, Cosafa member countries also agreed to introduce a regional club championship.
"The idea behind reviving the Cosafa Senior Challenge and introducing a Southern African club championship is meant to strengthen regional football," a source who attended the assembly tells KickOff.com.
"Much will depend on whether or not Cosafa is able to secure sponsorship for these competitions. The corporate sector must come on board," adds the source.
The Cosafa annual general assembly also unanimously resolved to back the sole candidature of its president, Suketu Patel, at next year's Confederation of African Football (CAF) elective annual general congress.
Among some of the regional football administrators who were present during the Cosafa general assembly were Football Association of Zambia president Kalusha Bwalya and Namibia Football Association president John Muinjo, while South Africa was also represented by a delegation.