The AFCON Winner's prize, which has been elevated to USD 7,000,000, signifies CAF's continued dedication to fostering football development.
About a week back, the Confederation of African Football (CAF) increased a 40% boost in the Prize Money for the triumphant team at the upcoming 2023 Africa Cup of Nations (AFCON) in Côte d'Ivoire, slated to kickstart on Saturday.
The victors will now be awarded a staggering USD 7,000,000 (over 26 billion shillings).
This significant increase aims to elevate the tournament's prestige and further incentivize top-tier performances on the African football stage.
The runner-up will not be left empty-handed, as their prize money sees an impressive rise to USD 4,000,000 (about 15 billion shillings).
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Furthermore, the stakes have risen for the semi-finalists, with each team in this stage now securing USD 2,500,000 (over nine billion shillings).
The four quarter-finalists will also enjoy an increased reward, with USD 1,300,000 (about five billion shillings) allocated to each of them.
The AFCON Winner's prize, which has been elevated to USD 7,000,000, signifies CAF's continued dedication to fostering football development.