CAF increases AFCON 2023 prize money by 40%

The Confederation of African Football (CAF), has today revealed a 40% rise in the prize money for the eventual winner of the TotalEnergies Africa Cup of Nations in Cote d’lvoire.

The football governing body said the winner of the tourney will pocket a whooping sum of $7 million, the runners-up $4 million, while each of the two semi-finalists will receive $2,500,000.

Each of the four quarter-finalists will also receive $1,300,000.

CAF President Dr Patrice Motsepe in a statement, 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.”

The 2023 African Cup of Nations will officially start on January 13 and run to February 11 2024, with the opening fixture set to be between the host nation Cote d’Ivoire and Guinea Bissau at the Alassane Ouattara Stadium.