The Confederation of African Football (Caf) has announced a 40 percent upward adjustment of the prize monies for winners at the Africa Cup of Nations (AFCON).
This followed a meeting led by Caf President Dr Patrice Motsepe.
Per the decision, the winners of the tournament in La Cote d’Ivoire will receive $7 million.
The runners-up will take home $4 million while each of the two semi-finalists will get $2.5 million.
Each of the four quarter-finalists will receive $1.3 million.
“CAF has made significant progress over the past two years in increasing the Prize Money of the AFCON and all its other major competitions,” said Dr Motsepe.
“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.”
