By Victor Kanayo
The Confederation of African Football (CAF) has announced a 40 per cent increase in the prize money for the Winner of the Africa Cup of Nations (AFCON) Côte d’Ivoire 2023.
Revealing this via its official website in a statement on Thursday, CAF said the winner of the AFCON will receive $7 million dollars.
The winner in 2021 AFCON edition got $5 million.
The statement added, “The Runner-up of the TotalEnergies AFCON Côte d’Ivoire 2023 will now get USD 4 000 000. Each of the two Semi-finalist will receive USD 2 500 000 and each of the four Quarter-finalist, USD 1 300 000.”
Also speaking, President of CAF Dr Patrice Motsepe 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.
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“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 34th edition of AFCON will kick off on January 13 and will last till February 11, 2024, in Cote d’ Ivoire.
Nigeria and other 23 countries are taking part in the competition.
