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2023 AFCON: CAF announces 40% increment in prize money for winner

The Confédération Africaine de Football (CAF) has announced a 40% increase in the Prize Money for the Winner of the TotalEnergies Africa Cup of Nations (AFCON) Côte d'Ivoire 2023.

Republic Online by Republic Online
January 4, 2024
in General, Local News, Sports, Top Stories
2023 AFCON: CAF announces 40% increment in prize money for winner
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The Confédération Africaine de Football (CAF) has announced a 40% increase in the Prize Money for the Winner of the TotalEnergies Africa Cup of Nations (AFCON) Côte d’Ivoire 2023.

This will see the winner of the TotalEnergies AFCON Côte d’Ivoire 2023 receive $ 7million.

The runner-up of this year’s competition will now receive $ 4million.

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Each of the teams that will make it to the semi-final of the competition is also set to get $ 2.5 million while each of the four quarter-final teams will also receive $ 1.3 million.

“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 USD 7 000 000 which is a 40% 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,” CAF President Motsepe said.

Senegal, who were winners of the 2021 AFCON received $5 million while Egypt got $2.75 as they finished second.

Also, Cameroon received $2.2 million for finishing third.

The tournament will begin on January 13 and end on February 11.

Tags: 2023 AFCONPrize Money

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