$7 million prize money for African Cup 2023 champion
The champion of the African Cup of Nations (AFCON) 2023 will receive $7 million as prize money for winning the competition.
The Confederation of African Football (CAF) announced that there has been a 40% increase in the prize money for the AFCON 2023 in the Ivory Coast.
This means that the runner-up in the AFCON 2023 will receive $4 million. Two semi-finalists and four quarter-finalists will each get $2.5 million and $1.3 million respectively, CAF announced in a statement.
“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,” said President of CAF Patrice Motsepe.
“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,” he added.
Senegal, the winner of the 2021 edition of the competition received $5 million while Egypt received $2.75 million as runner-up.
The opening match of the AFCON 2023 will take place between the host Ivory Coast and Guinea-Bissau at the Alassane Ouattara Stadium in Abidjan on January 13, 2024.
