The prize money for the upcoming 2023 TotalEnergies African Cup of Nations (AFCON) has been boosted by 40% by the Confederation of African Football.
The continental football governing body announced this on its website on Thursday.
The CAF announced that the victor of the 2023 AFCON will get $7 million, with the runner-up receiving $4 million.
The two semi-finalists will each win $2.5 million, and the four quarter-finalists will each receive $1.3 million.
The statement, according to the CAF President, Dr. Patrice Motsepeon, read, “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.”
CAF also raised the prize money for the previous edition in 2022 to $5 million.
The winner’s prize money was increased from $4.5 million to $5.5 million, an 11% increase.
The decision was made during the CAF Executive Committee meeting in Douala, Cameroon.
Chronicle NG reports that the tournament will be held from January 13 to February 11 in Ivory Coast.
Jose Peseiro’s Super Eagles were drawn in Group A alongside hosts Ivory Coast, Equatorial Guinea, and Guinea-Bissau and have chosen the catchphrase ‘Let’s Do It Again’ as their battle cry in their quest for a fourth Africa Cup of Nations title in early next year.
