2023 AFCON winner to receive $7 million as CAF raises prize money

The Confederation of African Football (CAF) has announced a 40% increase in the prize money for the winner of the 2023 Africa Cup of Nations (AFCON) in Cote d’Ivoire.

In an official statement on Thursday, CAF revealed that the champion of the TotalEnergies AFCON will now receive $7 million. The 2023 AFCON, featuring 24 participating countries, is scheduled to take place from January 13 to February 11, 2024.

According to CAF, the runner-up will be awarded $4 million, while each of the two semi-finalists will receive $2.5 million. Additionally, each of the four quarter-finalists will get $1.3 million.

Patrice Motsepe, CAF President, commented on the development, highlighting the organization’s efforts to increase the AFCON prize money over the past two years.

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 seven million dollars which is a 40 per cent increase from the previous 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.”