Sports

Winner of 2023 AFCON Will Pocket $7M

The Confederation of African Football (CAF) has announced a 40% increment in the prize money of the Winner of the TotalEnergies Africa Cup of Nations (AFCON) Côte d’Ivoire 2023.

The winner will now get US$7,000,000, up from the US$5,000,000.

Also, the runner-up will now get US$4,000,000 while each of the two semi-finalists will receive US$2,500,000, with each of the four quarter-finalists pocketing US$1,300,000.

Dr Patrice Motsepe, the President of CAF in a statement said the move is aimed at contributing to developing football on the continent.

“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.”

The 34th edition of the AFCON will take place in Cote D’Ivoire from January 13 to February 11, where twenty-four teams will compete for the cup.

The host, who have two titles to their name, will face off against Nigeria, Equatorial Guinea, and Guinea Bissau in Group A, while the highest-placed African team in FIFA rankings, Morocco, will compete against DR Congo, Zambia, and Tanzania in Group F.

In Group D, Algeria, Burkina Faso, Mauritania, and Angola will vie for success, with Group E, one of the competitive groups, housing Tunisia, Mali, South Africa, and Namibia.

Ghana are in Group B alongside Egypt, Cape Verde and Mozambique whiles seated in Group C are Namibia, Comoros, Burundi and Cameroon.

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