The TotalEnergies Africa Cup of Nations, AFCON, in Côte d'Ivoire in 2023 would see a 40% rise in prize money, according to the Confederation of African Football (CAF).
The TotalEnergies AFCON winner would get $7 million, according to the CAF's official website.
The announcement stated that the runner-up will now get $4 million, the two semi-finalists will each receive $2.75 million, and the four quarter-finalists will each receive $1.35 million.
The President of CAF, 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 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, ”he said.
In a related development, the Nigerian Football Federation, NFF, will reportedly deliver a massive cash boost for the Super Eagles by clearing all bonuses and allowances of the team’s 26 matches that have been outstanding since 2021.
These bonuses and allowances date back over three years covering 2022 World Cup and 2023 AFCON qualifiers and include a long list of friendly matches involving the Super Eagles.
A top sports ministry official informed newsmen that these outstanding payments were covered in the budget approved by the Federal Government for the forthcoming AFCON.
“All the bonuses and allowances pending for the team will now be cleared after this budget approval,” he reportedly said.“This will be a big incentive for the team leading up to the AFCON.”
This budget clearance guarantees the Super Eagles bonuses and allowances at the 2023 AFCON.
With 24 participating countries, the 2023 AFCON will take place in Cote d'Ivoire from January 13 to February 11.
