By Ayegba James
The cash prize money for the 2023 TotalEnergies African Cup of Nations has been boosted by 40 per cent by the Confederation of African Football. The continental football body announced this on its website on Thursday.
CAF said that the 2023 AFCON champion will get $7 million while the second-placed team will receive $4 million. The two teams that reach the semi-finals will get $2.5 million each and the four teams that make it to the quarter-finals will earn $1.3 million each.
The CAF President, Dr. Patrice Motsepeon, said in a statement, “CAF has achieved significant progress in the last two years in raising the prize money of the AFCON and all its other major competitions. We have raised the prize money of the AFCON winner to USD 7,000,000 which is a 40% rise from the previous AFCON prize money. I am hopeful that some of the prize money will help develop football and also benefit all the football stakeholders, as well as support our member associations with their administrations.”
The prize money for the winner was increased from $4.5 million, which means an increase of about 11 per cent. The decision was made in Douala, Cameroon, during the meeting of the Executive Committee of the CAF. Super Eagles coach, Jose Peseiro’s side was placed in Group A with hosts, Ivory Coast, Equatorial Guinea and Guinea Bissau, and have chosen the slogan ‘Let’s Do It Again’ as their motivation to win a fourth Africa Cup of Nations title in early next year.
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