CAF has increased the prize money of the AFCON winner to $7m which is a 40 percent increase from the previous AFCON prize money.
CAF stated that the winner of the 2023 AFCON will receive $7 million while the runner-up will now get $4 million.
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Each of the two semi-finalists will receive $2.5 million and each of the four quarter-finalists will get $1.3 million
Speaking to cafonline.com on the increment, CAF president Patrice Mosepe 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.“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.
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The match will kick off on Jan. 13 to Feb. 11 in Cote by d’Ivoire with 24 nations participating. The President of CAF, Patrice Motsepe said the increase in cash prize for the 2024 edition reflected the progress the football body has recorded in the past two years.
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