AFCON 2023: CAF Reveals Jackpot Amount for the Winner!

The Confederation of African Football (CAF) has just unveiled the prize money for the 2023 African Cup of Nations. With the sums revised upwards, the countries that make it through to the quarter-finals stand to make a lot of money, with the jackpot going to the champion.

In the run-up to the 2023 African Cup of Nations, which kicks off on 13 January and runs until 11 February, CAF is finalising the final details. While the countries involved in the competition are already in their base camps getting ready, Côte d’Ivoire, which is hosting the event, is also putting everything in place to ensure a great competition. CAF officials are also working hard to raise the profile of the biggest football competition on the African continent.

CAF funding for the 2023 African Cup of Nations

As part of this drive, the body headed by Patrice Motsepe has just announced the prize money for the 34th edition of the African Cup of Nations. In a press release published on its official website on Thursday, CAF announced a 40% increase in the prize money for the winner of the 2023 CAF Africa Cup of Nations. After an increase of 11% for the previous edition, it must be said that CAF has made considerable efforts for the Ivorian edition.

“The Winner of the TotalEnergies AFCON Côte d’Ivoire 2023 will receive USD 7 000 000“ reads the CAF press release, which also sets out the prize money for the finalist, semi-finalists and quarter-finalists. “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″ the press release continued.

Patrice Motsepe happy with CAF’s efforts

Doubtless satisfied to have made a difference compared to the last edition, played in Cameroon, which went to Senegal, CAF boss Patrice Motsepe is convinced that the sums at stake will benefit the African continent, particularly in terms of development.

“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” he confided in the press release.

A lot of money at stake in Côte d’Ivoire

From nearly 3 billion CFA francs, the budget for the overall winner of the 2023 CAF Africa Cup of Nations has risen to more than 4 billion CFA francs, which is no mean feat. In any case, the increased sum made available to the competition is not to be overlooked, and the 24 countries involved will be doing their utmost to take most of it. It has to be said, there is a lot of money at stake. For example, the winner of the competition will pocket more than 10 million 800 thousand dollars (more than 6 billion 465 million CFA francs).

The runner-up at the 2023 CAF Africa Cup of Nations will take home no less than 7 million 800 thousand dollars (more than 4 billion 600 million CFA francs). See you on 11 February for the results. In any case, the favourites such as Algeria, Morocco, Egypt, Senegal and Cameroon are on alert. Barring any major surprises, the winner of the African Cup of Nations is likely to be one of these countries.

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