Subscribe

Don't miss any update with Africazine.

― Advertisement ―

spot_img
HomeNewsCAF Increases AFCON Prize Money by 40%, winner to receive Ksh 1.1bn

CAF Increases AFCON Prize Money by 40%, winner to receive Ksh 1.1bn

ABIDJAN, Ivory Coast, Jan 5 – The Confédération Africaine de Football (CAF) announced a 40% increase in the Prize Money for the Winner of the Africa Cup of Nations (AFCON) Côte d’Ivoire 2023.

The Winner of the AFCON Côte d’Ivoire 2023 will receive Ksh1.1 billion (USD 7 000 000)

The Runner-up of the AFCON Côte d’Ivoire 2023 will now get Ksh 630 million (USD 4 000 000).

Each of the two Semi-finalist will receive Ksh394 million (USD 2 500 000) and each of the four Quarter-finalist, Ksh204 million (USD 1 300 000).

The 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.”

“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.”