CAF Boosts AFCON Prize Money By 40%

By Godwill Odilu

The Confédération Africaine de Football (CAF) has revealed a substantial 40% increase in the Prize Money for the winner of the Africa Cup of Nations (AFCON) Côte d’Ivoire 2023.

The winning team in the AFCON Côte d’Ivoire 2023 edition will now be awarded a staggering USD 7,000,000.

Notably, the runner-up in the AFCON Côte d’Ivoire 2023 will also see a significant boost, now receiving USD 4,000,000.

Further enhancements extend to the semi-finalists, with each team securing USD 2,500,000, while the four quarter-finalists will each be awarded USD 1,300,000.

Dr. Patrice Motsepe, the President of CAF, expressed his satisfaction with the progress made, stating, “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.”

This notable increase underscores CAF’s commitment to elevating the stature of African football and providing meaningful support to the continent’s football ecosystem.

As the AFCON Côte d’Ivoire 2023 approaches, the heightened Prize Money adds an extra layer of excitement and incentive for teams competing in one of Africa’s most prestigious football tournaments.