Breaking: CAF increases AFCON prize money to 7 million US dollars
The winner of the TotalEnergies Africa Cup of Nations (“AFCON”) Côte d’Ivoire 2023 will smile home with USD 7,000,000 after Confédération Africaine de Football (CAF) raised the AFCON prize money by 40 per cent.
The runner-up of the TotalEnergies AFCON Côte d’Ivoire 2023 will now get USD 4,000,000. Each of the two semi-finalists will receive USD 2.500,000, and each of the four quarter-finalists will receive USD 1.300,000.
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 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.”
The delayed AFCON tournament will take place from 13 January to 11 February 2024 in the Ivorian cities of Abidjan, Bouake, Korhogo, San Pedro and Yamoussoukro.
The host nation, Cote d’Ivoire, Egypt, Nigeria, and Senegal are among the favourites for to win the competition.