CAF Unveils Record $10.4 Million Prize Pool for 2024 African Nations Championship

The Confederation of African Football (CAF) has announced a record-setting $10.4 million prize pool for the upcoming 2024 African Nations Championship (CHAN), marking the largest payout in the tournament’s history. For the first time, the champions will receive $3.5 million — a 75% increase from the $2 million awarded in the previous edition. The runner-up will take home $1.2 million, while the third and fourth-placed teams will earn $700,000 and $600,000 respectively. Quarter-finalists who fall short of the semi-finals will each receive $450,000. Teams finishing third or fourth in their group stages will collect $300,000 or $200,000, depending on group format. Bottom-placed teams in five-team groups will also be awarded $200,000 each. CAF emphasized that the new prize structure is designed to ensure that all 19 participating teams receive financial rewards, including those exiting in the early stages. sydney sweeney topless CAF President Dr. Patrice Motsepe stated that the increased funding is part of the federation’s broader strategy to boost African football’s development and global visibility. “This increase in prize money will support the development of locally based players and help strengthen the global competitiveness of African football,” Motsepe said in a CAF statement. He added that CHAN remains central to CAF’s goal of enhancing the sport’s appeal to fans, sponsors, and international broadcasters. The 2024 CHAN, officially titled CAF African Nations Championship Kenya, Tanzania, and Uganda 2024, will be the first edition jointly hosted by three countries. Scheduled to run from August 2 to 30, 2025, the tournament will feature 19 teams, including defending champions Senegal, multiple-time winners Morocco and DR Congo, and other strong contenders such as Nigeria, Algeria, Guinea, and Zambia.