CAF Increases AFCON Prize Money by 40%

CAF AFCON Trophy

The Confédération Africaine de Football (“CAF”) has announced a 40% increase in the Prize Money for the Winner of the TotalEnergies Africa Cup of Nations (AFCON) Côte d’Ivoire 2023.

The Winner of the TotalEnergies AFCON Côte d’Ivoire 2023 will receive USD 7 000 000.

The Runner-up of the TotalEnergies AFCON Côte d’Ivoire 2023 will now get USD 4 000 000. Each of the two Semi-finalist will receive USD 2 500 000 and each of the four Quarter-finalist, USD 1 300 000.

The President of CAF Dr Patrice Motsepe said: “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.”

Source: CAF

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Ignatius Aboagye-Dacosta is a Ghanaian digital media entrepreneur, football content creator, and sports marketing professional with a strong focus on African and global football. He is the founder and editor of SoccaNews.com, a football news platform launched in 2019 and rebranded from 433Ghana, committed to delivering timely news, player profiles, match analysis, and insightful football stories. Ignatius has built a solid reputation in digital publishing and social media growth, managing multiple sports and entertainment platforms that amplify African football narratives to a global audience. His work blends journalism, branding, and audience engagement, with a clear passion for promoting Ghanaian and African football talents worldwide. In addition to media, Ignatius currently serves as the Operations Manager at Global Fish Link Limited, a Tema-based company, where he oversees daily operations, coordination, and strategic execution. This role has strengthened his expertise in business operations, logistics, and organizational management. Through his media platforms and professional engagements, Ignatius continues to contribute to the growth of digital sports journalism and sports business in Africa.
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