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CAF sets a record CHAN Prize Money of $10.4 million for the 2024 tournament, with $3.5 million reserved for the champions.
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All 19 teams will benefit from the payout.
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Nigeria returns after beating Ghana, eyeing their first title.
CAF will award a record $10.4 million for the 2024 African Nations Championship with a view to lifting domestic football across Africa.
Also Read: WAFCON 2024 Struggles With Empty Seats as Experts Slam CAF
The champions pocket $3.5 million – 75% more than last time, while the runners-up earn $1.2 million.
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Third and fourth places receive $700,000 and $600,000 respectively, and quarter-finalists take home $450,000 each.
Third-place teams receive $300,000; fourth place and bottom teams in five-team groups each take $200,000.
“This increase in prize money will support the development of locally based players and help strengthen the global competitiveness of African football,” – CAF President Dr Patrice Motsepe said.
He added that CHAN also boosts interest from fans, sponsors and broadcasters.
Meanwhile, the 2024 edition – CAF African Nations Championship Kenya, Tanzania, and Uganda 2024 – runs from August 2 to 30, 2025.
The tournament will have three hosts for the first time, including Senegal, the reigning champions, past winners Morocco and DR Congo, and contenders such as Nigeria, Algeria, Guinea and Zambia.
Nigeria returns after missing the last edition, having beaten Ghana 3–1 on aggregate to qualify.
Coach Eric Chelle’s side aims to improve on their 2018 runners-up finish and lift the CHAN trophy for the first time.
