After Bafana Bafana heroicly qualified for the quarter-final of the 2023 Africa Cup of Nations, they have also secured R24.4 million in prize money already.
Hugo Broos’ team continued the trend of giant killing at the tournament, with no quarter finalist from the 2021 edition making the last eight this time around.
The teams still left in the competition are Nigeria, Angola, Congo DR, Guinea, Mali, Ivory Coast, Cape Verde and South Africa, with all of them bagging at least R24.4 million after Motsepe announced a 40% increase of prize money ahead of the tournament.
“CAF has made significant progress over the past two years in increasing the Prize Money of the AFCON and all its other major competitions,” CAF President Dr. Patrice Motsepe said before the tournament kicked off.
“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.”
Should Bafana qualify for the semi-finals, they would have secured at least R46.9 million in prize money.
Full prize money overview:
US Dollar | Rand | |
---|---|---|
Winner | $7 000 000 | R131 million |
Runners-up | $4 000 000 | R75 million |
Semi-finalists (2 teams) | $2 500 000 | R46.9 million |
Quarter-finalists (4 teams) | $1 300 000 | R24.4 million |
Round of 16 (8 teams) | $800 000 | R15 million |
The two teams ranked 3rd in their group but fail to qualify for the Last 16 (2 teams) | $700 000 | R13 million |
The teams ranked 4th in each of the 6 groups (6 teams) | $500 000 | R9.4 milion |