Stakes Are High In The 2023 AFCON Set To Kick Off

The 2023 AFCON is set to kick off in a few days and the stakes have gotten even higher.

The tournament which will run from Sunday 13th January 2023 to Sunday 11th Feb 2024 will see the winner take home over 1 billion Kenyan shillings.

CAF Increases 2023 AFCON Prize Money By 40%

In a statement from CAF on Thursday, the body shared the prize money increase.

“The Winner of the TotalEnergies AFCON Côte d’Ivoire 2023 will receive USD 7 000 000.”

In 2019, champions Algeria received $4.5m while runners-up Senegal bagged $2.5m.

CAF decided to further increase the cash prizes in 2021 with champions Senegal receiving $5m, while runners-up Egypt got $2.75m.

The runner-up at the 2023 AFCON will also receive a significantly higher prize compared to the previous year’s shared CAF.

“The Runner-up of the TotalEnergies AFCON Côte d’Ivoire 2023 will now get USD 4 000 000.” Shared CAF.

Each of the two semi-finalists will receive USD 2 500 000 and each of the four Quarter-finalists, 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.” completed Patrice Motsepe.