In a significant move aimed at recognizing and rewarding excellence in African football, the Confederation of African Football (CAF) has announced a substantial 40% increase in the Prize Money for the Winner of the TotalEnergies Africa Cup of Nations (AFCON) Côte d’Ivoire 2023.
The Winner of the TotalEnergies AFCON Côte d’Ivoire 2023 will now receive an impressive $7 million (R131 million) in Prize Money.
The Runner-up of the tournament will also benefit from the increased prize pool, receiving $4 million (R75 million). In addition, each of the two Semi-finalists will be awarded $2.5 million (R46 million), while the four Quarter-finalists will each receive $1.3 million (R24 million).
Dr. Patrice Motsepe, the President of CAF, expressed his satisfaction with the progress made in elevating the Prize Money for AFCON and other major competitions over the past two years.
He stated, “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.”
Motsepe also expressed confidence that a portion of the increased Prize Money would contribute to developing football and benefit various stakeholders, including Member Associations, in enhancing their administrative capabilities.
The move reflects CAF’s commitment to fostering the growth and prosperity of African football on multiple fronts.