AFCON 2023 Prize Money Revealed: Winners to Receive $7 Million

By: Emmanuel Ibitoye

The Confederation of African Football (CAF) has disclosed the prize money distribution for participating nations in the ongoing 2023 Africa Cup of Nations (AFCON) tournament in Cote d’Ivoire. The financial rewards are as follows:

– *Winner:* $7,000,000

– *Runners-up:* $4,000,000

– *Semi-finalists (two teams):* $2,500,000 each

– *Quarter-finalists (four teams):* $1,300,000 each

– *Round of 16 (eight teams):* $800,000 each

– *Teams ranked 3rd in their group but fail to qualify for the round of 16 (two teams):* $700,000 each

– *Teams ranked 4th in each of the six groups (six teams):* $500,000 each

As the quarterfinals stage kicks off, eight teams are vying to progress to the next round, with Nigeria facing Angola at the Felix Houphouët-Boigny Stadium in Abidjan. The disclosed prize money reflects CAF’s commitment to rewarding excellence and competition at the prestigious continental tournament.