CAF Increases AFCON Prize Money by 40%
The Confédération Africaine de Football (“CAF”) today announced a 40% increase in the Prize Money for the Winner of the TotalEnergies Africa Cup of Nations (“AFCON”) Côte d’Ivoire 2023.
The Winner of the TotalEnergies AFCON Côte d’Ivoire 2023 will receive USD 7 000 000.
The Runner-up of the TotalEnergies AFCON Côte d’Ivoire 2023 will now get USD 4 000 000. Each of the two Semi-finalist will receive USD 2 500 000 and each of the four Quarter-finalist, 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.”
As the Confederation of African Football has revealed the financial rewards for participating nations at the ongoing 2023 Africa Cup of Nations tournament (AFCON prize money) in Cote d’Ivoire.
The winner of AFCON 2023 will take home $7 million for lifting the trophy. The runners-up will pocket $4 million. The two losing semi-finalists (two teams) will each receive $2.5 million.
Further down the ranks, the losing quarter-finalists (four teams) will each receive $1.3 million. The eight teams knocked out in the round of 16 will get $800,000 each.
Furthermore, two teams that finished third in their group but fail to advance wilk receive $700,000. The six teams that finished last in their groups got $500,000 each.
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The AFCON 2023 prize money, as revealed by CAF
Winner: $7,000,000
Runners-up: $4,000,000
Semi-finalists (two teams): $2,500,000 x 2
Quarter-finalists (four teams): $1,300,000 x 4
Round of 16 (eight teams): $800,000 x 8
The teams ranked 3rd in their group but fail to qualify for the round of 16 (2 teams): $700,000 x 2
The teams ranked 4th in each of the six groups (six teams): $500 000 x 6
As the tournament begins the quarterfinals stage on Friday (today), eight teams are playing, seeking to advance to the next round (semifinals).
At the Felix Houphouët-Boigny Stadium in Abidjan on Friday (today), Nigeria will face old foes, Angola, as they continue their quest for their fourth Africa Cup of Nations title, which they last won in 2013.
