As the African Cup of Nations (AFCON) 2023 is set to kick off in Ivory Coast on January 13, the Confederation of African Football (CAF) has revealed a remarkable increase in the prize money for the 34th edition of the prestigious tournament.
The triumphant team of AFCON 2023 will be bestowed with a dazzling $7 million, marking a substantial 40% rise from the previous edition.
This noteworthy escalation in the winner’s prize not only elevates the tournament’s prestige but also adds a lucrative dimension to the accomplishment.
A remarkable surge from the Lions of Téranga’s prize of 4.5 million euros during their coronation at AFCON 2022, this increased financial reward underscores CAF’s commitment to recognizing and rewarding footballing excellence across the African continent.
The overall prize pool for AFCON 2023 has also experienced a significant boost, reaching a lavish total of $21.2 million.
This substantial revision reiterates CAF’s unwavering dedication to enhancing the value and acknowledgment of football talent within Africa.
Furthermore, the prize money allocated for each stage of the competition has witnessed unprecedented increments, establishing new benchmarks in the history of the tournament.
As the footballing fraternity eagerly anticipates the thrilling battles on the pitch, the heightened financial incentives promise to intensify the competition and serve as an additional motivation for teams vying for the prestigious AFCON 2023 title.
The increased prize money not only reflects the growing significance of African football on the global stage but also demonstrates CAF’s commitment to nurturing and celebrating the exceptional talents that grace the beautiful game on the continent.