The Confederation of African Football (CAF) announced this Thursday (January 4, 2024) a notable increase in prize money for participants in the 2023 Africa Cup of Nations (CAN), hosted in Ivory Coast 🇨🇮. This increase represents a significant step towards recognizing and valuing the performance of teams on the international stage.
Compared to the previous edition, held in Cameroon 🇨🇲 in 2021, this year's African champion will be awarded a substantial prize of $7 million, marking an increase of 40% compared to the $5 million received by Senegal, the 2021 champion.
The losing finalist will not be left behind, with a $4 million purse, demonstrating the importance placed on the success and persistence of the teams until the final stage of the tournament. Furthermore, the semi-finalists secure a considerable share of the total prize pool, with each team receiving $2.5 million.
Even the nations that reach the quarter-finals will be financially rewarded with a prize of $1.3 million. This incentive not only recognizes the effort of the teams that reach this stage, but also contributes to the continued development of football throughout the African continent.
The significant increase in prize money for the 2023 Africa Cup of Nations reflects not only the growth of African football, but also CAF's dedication to strengthening and promoting sporting excellence. This investment not only stimulates competitiveness on the field, but also encourages investment in sports infrastructure, the development of young talent, and the overall improvement of the sport in Africa.
As the 2023 Africa Cup of Nations approaches, the sporting community eagerly awaits to witness not only excellence on the field, but also the positive impact these substantial awards can have on the African football landscape as a whole. CAF's commitment to raising the standard and recognition of football on the continent is undoubtedly exciting news for sports lovers worldwide. 🌍⚽️
