CAF reviews prize money, AFCON 2017 winner to pocket $4 million


The Confederation of African Football has announced Wednesday an increase in prize money for all of its interregional competitions.

The winner of the African Cup of Nations to be hosted in Gabon will pick a $4 million prize money, which is a 64% increase from a previous $1.5 million. The runners-up will also take home $2 million.

This increase comes four months after CAF signed an agreement with new sponsor, French petroleum group Total. The oil giant signed an eight-year contract for an estimated amount of a little over one billion dollars (EUR 915 million).

The CAF Champions League which previously gives a $1.5 million prize money, now awards $2.5 million while the CAF Confederations Cup saw an increase of almost 90% with the winners taking a total of $1.25 million against the previous $660,000.

Also, the winner of the CAF Total Chan tournament will take home $1.25 million as against the previous $750,000.

This development puts to rest years of requests from sporting bodies for an increase in the prize money to support struggling teams.

READ  Opening Match: Cameroon vs Egypt

About Author

Lucas is the CEO and founder of, he is a UB trained compute software engineer with a passion for critical writing and political analysis, reason why he created the blog tebopsost. Mbah has a good sense of leadership and is result oriented person committed in sharing information relevant to people in order to help them make informed decisions about their life. He is the Editor of the webiste website TeboPost.

Leave A Reply

English EN French FR
%d bloggers like this: