CAF Announces Increase In Prize Money For 2023 AFCON Winners

Winners of the 2023 Africa Cup of Nations in Cote d'Ivorie to earn N6. 53bn
January 4, 2024
AFCON

The Confederation of African Football (CAF) on Thursday evening announced a 40% increase in the prize money for the winners of the TotalEnergies Africa Cup of Nations (AFCON) Côte d’Ivoire 2023.

The winners of the TotalEnergies AFCON Côte d’Ivoire 2023, CAF revealed, will receive $7m (N6. 53bn)

Join our WhatsApp Channel

The runner-up of the TotalEnergies AFCON Côte d’Ivoire 2023 will now get $4m. Each of the two semi-finalists will receive $2.5m and each of the four quarter-finalists, $1.3m.

CAF President, Dr Patrice Motsepe in an official statement noted: “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,” the CAF boss reiterated.

“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 Confederation of African Football have been keen to maximize the growing football market and have member associations improve the game in their countries.

Izuchukwu Okosi

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

Nollywood
Previous Story

Nollywood veteran, Yoruba Actor, Olofa Ina is dead

Obi, Etiaba, Uwazurike Hail Ezeife’s Legacies
Next Story

Ezeife: Personal Encounters

Featured Stories

Latest from News

State House Slams ADC, NNPP Over Criticism of Electoral Act Amendments

The Presidency on Thursday accused opposition parties, particularly the African Democratic Congress (ADC) and the New Nigeria Peoples Party (NNPP), of spreading misinformation and engaging in what it described as “constant lamentation and unwarranted outrage” over recent amendments to the Electoral Act.
Simisola Bolatito Kosoko

Simi: Police to Review Alleged Sexualising Comments About Children

Authorities in Lagos have referred a controversy involving Nigerian singer Simi to the police for preliminary investigation, following the circulation of old social media posts attributed to the artist. The Lagos State Domestic and Sexual Violence Agency said it could not ignore
FCCPC Clarifies One-Month Moratorium On Exploitative Pricing Amid Economic Challenges

FCCPC Flags Possible Airline Price-Fixing During 2025 Christmas Season

Nigeria’s consumer protection agency has uncovered evidence suggesting some domestic airlines may have engaged in price fixing during the 2025 Christmas travel rush. In an interim report released Thursday, the Federal Competition and Consumer Protection Commission (FCCPC) said ticket fares during December
Nollywood
Previous Story

Nollywood veteran, Yoruba Actor, Olofa Ina is dead

Obi, Etiaba, Uwazurike Hail Ezeife’s Legacies
Next Story

Ezeife: Personal Encounters

Don't Miss

The race to save Zambia’s wetlands

NAIROBI, Kenya, 01st April 2022 -/African Media Agency (AMA)/-As the sun
Simple Stay in Bed Facebook Cover 6

SERAP Takes Buhari To Court Over Failure To Disclose NDDC N6trn Looters

President Muhammadu Buhari has been charged to court by Socio-Economic