The Confederation of African Football (CAF) has announced an increment in the 2021 TotalEnergies Africa Cup of Nations prize money after Friday’s Executive Committee meeting.
According to Africa’s football governing body, the increase is in line with CAF’s commitment to reward merit performance and enhance the status of the tournament.
The competition is scheduled to start on Sunday with the opening game between host nation Cameroon and Burkina Faso.
Ahead of the opening ceremony, CAF’s Executive Committee held a meeting in Douala which was chaired by President Patrice Motsepe on Friday and they reached an agreement to increase the financial rewards for participating teams.
A total of $1.850 million was added to the prize money from the quarter-final stage to the final.
The new prize money for eventual champions of the competition is $5 million – a $500,000 increase from the previous prize in the 2019 edition.
The runner-up will get $2.75 million while the semi-finalists and quarter-finalists will take home $2.2 million and $1.175 million respectively.
The new TotalEnergies Africa Cup of Nations Prize Money:
- Winner: USD 5 million (an increase of USD 500 000)
- Runner-up: USD 2.75 million (an increase of USD 250 000)
- Semi-Finalists: USD 2.2 million (an increase of USD 200 000)
- Quarter-Finalists: USD 1.175 million (an increase of USD 175 000)
Algeria are the defending Afcon champions after lifting the trophy in the 2019 edition in Egypt.