CAF Increases AFCON Prize Money To $7 Million

The Confederation African Football (CAF) has increased by 40 percent the prize money for the winner of the 2023 TotalEnergies Africa Cup of Nations (AFCON) to be held in Côte d’Ivoire from January 13 to February 11.

The winner will receive $7 million and this is an increment from the previous $5 million prize in the AFCON 2021.

The runner-up will now get $4 million while each of the two semi-finalist will receive $2.5 million and each of the four quarter-finalists will get $1.3 million, CAF announced this on Thursday, January 4, 2024.

The President of CAF, Dr Patrice Motsepe said; “CAF has made significant progress over the past two years in increasing the Prize Money of the AFCON and all its other major competitions. We have increased the Prize Money of the AFCON Winner to 7 000 000 which is a 40 per cent increase from the previous AFCON Prize Money.”

“I am confident that a portion of the Prize Money will contribute to developing football and also benefit all the football stakeholders, as well as assist our Member Associations with their administrations”, he added.

Source: Ghmessenger.com