The Confederation of African Football (CAF) has officially announced the prize money for the 2023 Africa Cup of Nations (AFCON), hosted in Cote d’Ivoire, promising substantial financial rewards for the teams based on their performance.
As the tournament heats into the quarterfinals, the stakes have never been higher with millions of dollars on the line for the participating nations.
AFCON 2023 Prize Money Breakdown
The ultimate champion of AFCON 2023 will walk away with a whopping $7 million, a significant incentive for the competing teams. The runner-up is not left far behind, with a generous $4 million prize as reported by Africa Facts Zone on X.
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In a night filled with high drama at the Alassane Ouattara Stadium in Abidjan, the Super Eagles of Nigeria had to settle for second place as the Ivory Coast Elephants staged an unforgettable comeback to clinch their third Africa Cup of Nations title with a 2-1 victory.
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Super Eagles' dreams of glory were dashed as they fell to a resilient Ivory Coast, losing 2-1 in a match that saw Nigeria relinquish their lead and ultimately, the championship.
Meanwhile, the semi-finalists are guaranteed $2.5 million each, ensuring that the top four teams are handsomely rewarded for their efforts.
The financial rewards extend beyond the top four, with the quarter-finalists each receiving $1.3 million. The eight teams that exit in the round of 16 are set to earn $800,000 each, making every match crucial.
Additionally, two teams that finish third in their groups but do not advance will each receive $700,000. The teams that find themselves at the bottom of their groups are still rewarded, with $500,000 each, highlighting CAF's commitment to supporting football development across all participating nations.
As the quarterfinal stage kicks off, eight teams vie for glory and the chance to etch their names in the annals of African football history.
The spotlight is on the Felix Houphouët-Boigny Stadium in Abidjan, where Nigeria will face Angola in a highly anticipated match today.
Nigeria, in pursuit of their fourth Africa Cup of Nations title, which they last won in 2013, looks to overcome their old foes and move one step closer to lifting the trophy once again.