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Sat, Apr

AFCON 2023: CAF Increases Prize Money By 40%

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The Confederation of African Football (CAF) has announced an increment in the prize money for the winner of the TotalEnergies AFCON by 40%. This development was revealed in a statement issued by CAF on its official website.


According to the statement, the winners of the TotalEnergies AFCON will receive the sum of $7m, while the runners-up will receive $4m.

Also, the two Semi-finalists will receive $2.5m and each of the four Quarter-finalists will get $1.3m.

Reacting to the latest increment, 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 winners to $7m, which is a 40 per cent 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.”

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