4th January, 2024
The winner of TotalEnergies Africa Cup of Nations (AFCON) Côte d’Ivoire 2024 will receive $7 million in prize money while the runner-up will get $4 million, the organisers of the competition, the Confederation of African Football (CAF) has announced.
CAF said on its official website on Thursday that the prize money is an increase of 40 per cent over the amount doled out to winners at the last edition of the competition.
The prize money for the winners at the other stages of the 2024 AFCON which will kick off on Jan. 13 to Feb. 11 in Cote by d’Ivoire with 24 nations participating has also been increased by 40 per cent.
According to CAF, each of the two Semi-finalists will receive 2.5 million dollars and each of the four Quarter-finalists will get 1. 3 million dollars.
The winner of AFCON in 2022 received $5 million, an increase of $500,000 over the previous edition, while the runner-up took home $2.75 million.
Semi-finalists and quarter-finalists received $2.2 million and $1.175 million respectively, marking increases of $200,000 and $175,000 respectively.
The President of CAF, Patrice Motsepe said the increase in cash prize for the 2024 edition reflected the progress the football body has recorded in the past two years.
“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 seven million dollars which is a 40 per cent increase from the previous 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,” Motsepe said.