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Confederation of African Football (CAF) boosts AFCON Tournament Prize Money

AFCON trophy

Excitement is soaring as the Confederation of African Football (CAF) made a bold move by boosting the Prize Money for the triumphant team at the TotalEnergies Africa Cup of Nations (AFCON) in Côte d’Ivoire this month. In a jaw-dropping increase of 40%, the victorious squad at AFCON 2023 will now be crowned with a remarkable USD 7,000,000.

This substantial raise not only adds a thrilling twist to the competition but also underscores CAF’s commitment to elevating the prestige of the tournament and motivating top-tier performances on the African football stage. As the football fever intensifies, teams vying for the title are gearing up for a showdown like never before.

The runner-up won’t be walking away empty-handed either, as their prize money sees an impressive surge to USD 4,000,000. This move by CAF showcases a dedication to recognizing and rewarding excellence throughout the competition, ensuring that every team’s efforts are duly acknowledged.

AFCON 2024 – Côte d’Ivoire

As the countdown to AFCON 2023 begins, the stakes have also risen for the semi-finalists, each securing a substantial USD 2,500,000. Even the quarter-finalists will enjoy an increased reward, with USD 1,300,000 allocated to each of them. The competition promises not only intense matches but also lucrative rewards for the teams showcasing exceptional skills and determination.

Reflecting on these changes, Dr Patrice Motsepe, the President of CAF, expresses his enthusiasm for the positive strides made in enhancing Prize Money across various CAF competitions in the past two years. Highlighting the 40% increase in the AFCON Winner’s prize, he notes that this signifies CAF’s dedication to fostering football development.

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Our Memoir Magazine showcases Uganda’s diverse potential in detail that is often left out and unknown. You ought never to miss a copy. We robustly believe that traveling should make the world a better place for everyone.

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