News | Events | Digital PR | Advertising

Home Features Breaking: CAF Increases AFCON Prize Money by 40%, Winners To Receive $7 Million
FeaturesSport

Breaking: CAF Increases AFCON Prize Money by 40%, Winners To Receive $7 Million

Share
Share

The Confederation of African Football (CAF) has announced a 40% increase in the Prize Money for the Africa Cup of Nations in Côte d’Ivoire, later this month.

According to CAF, the winners would receive $7 million, while the runners-up would get $4 million.

Each of the two semi-finalists will receive $2.5 million, and each of the four quarter-finalists will cart home $1.3 million.

The President of CAF Dr Patrice Motsepe said the increase in the prize money would contribute to football development across the continent.

“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 USD 7 000 000 which is a 40% increase from the previous AFCON 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.”

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
EntertainmentFeatures

“I love her, she’s my sister” – Davido speaks on relationship with Tiwa Savage

Davido, the Afrobeats sensation, has finally broken his silence on the rumored...

EntertainmentFeatures

Harrysong Sparks Outrage with Shocking Polygamy Confession: ‘NOT Sorry I’m Polygamous!’

Nigerian singer Harrysong has ignited a firestorm on social media with his...

FeaturesNews

Pascal Dozie, Diamond Bank Founder and MTN Nigeria Pioneer, Dies at 84

Nigerian business titan Pascal Dozie, renowned for founding the now-defunct Diamond Bank...

EntertainmentFeatures

“‘I did not hide my kids from the world, I hid the world from my kids.’ – Odumodublvck”

Nigerian rapper, Odumodublvck, has stirred conversation on social media after revealing why...