SuperSport United striker Jeremy Brockie and Mamelodi Sundowns goalkeeper Denis Onyango, who won the prize last year, made it onto a 10-man shortlist for the accolade.
However, CAF last month revealed they would no longer be handing out the gong at tonight's Aiteo CAF Awards Gala in Accra, Ghana.
According to a SAFA press release, Ahmad said a double standard was bring promoted.
"We felt that a double standard could not be promoted by awarding distinctions for second choice. When you aim for excellence, you must rise to the highest standards. The goal is to work for the best players to stay on the continent. One can evolve in Africa and be the best player in Africa. We must create the conditions to keep the best on the continent.
"I will take the example of Trésor Mputu, who certainly had the talent to go to Europe and be among the best Africans. But the president of TP Mazembe, Moise Katumbi, provided the means to keep him at the club. We are convinced that we can multiply similar situations on the continent and have one day the best African player who plays in Africa."
South Africa will still be represented at the ceremony, with Banyana Banyana in line for the Women’s Team of the Year award, while Banyana star Chrestina Kgatlana is up for the Women's Player of the Year prize.