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 Ivory Coast.
The winner of the AFCON, which kicks off next weekend on Saturday, January 13, 2024, will receive USD 7,000,000.
The runner-up of the competition will now get USD 4,000,000 while each of the two semi-finalists will receive USD 2,500,000.
The tournament’s four quarter-finalists will take home USD 1,300,000.
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CAF president 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.”