CAF Boosts AFCON 2023 Prize Money to a $7 Million (K180 Million in Zambian Kwacha)
CAF Boosts AFCON 2023 Prize Money to a $7 Million (K180 Million in Zambian Kwacha)
In a groundbreaking move set to elevate African football, the Confédération Africaine de Football (CAF) has announced a remarkable 40% increase in prize money for the upcoming TotalEnergies Africa Cup of Nations (AFCON) Côte d’Ivoire 2023. Brace yourselves, as the champions lifting the trophy will now walk away with a staggering USD 7 MILLION – a significant jump from the previous edition’s prize.
This bold decision not only adds prestige to the continent’s most coveted tournament but also sends a clear message: CAF is committed to rewarding excellence and fostering growth within African football. As CAF President Dr. Patrice Motsepe rightly states, “This increase is not just about the players; it’s about development. A portion of these funds will be invested in grassroots programs, benefiting stakeholders across the board and assisting our Member Associations.”
The revised prize money structure ensures that every team striving for continental glory receives a substantial financial boost. The runner-up will now pocket a hefty USD 4 million, while both semi-finalists earn USD 2.5 million each. Even quarter-finalists won’t leave empty-handed, taking home USD 1.3 million.
For Zambia, this boost in prize money adds an extra layer of excitement to their AFCON 2023 journey. Navigating the tough Group F, which includes heavyweights Morocco and the unpredictable Tanzania and Democratic Republic of Congo, will be no easy feat. However, the potential reward of lifting the USD 7 million trophy is a prize worth fighting tooth and nail for – a life-changing payday!