The Confederation of African Football (CAF) has unveiled the prize distribution for the 2023 AFCON, shedding light on the financial rewards awaiting the participating teams. The tournament, showcasing the continent's football prowess, offers substantial cash prizes to acknowledge the efforts of the competing nations.

Prize Money Breakdown:

Winner: $7,000,000
Runners-up: $4,000,000
Semi-finalists (2 teams): $2,500,000 x 2
Quarter-finalists (4 teams): $1,300,000 x 4
Round of 16 (8 teams): $800,000 x 8
Teams Ranked 3rd in Their Group but Fail to Qualify for Round of 16 (2 teams): $700,000 x 2
Teams Ranked 4th in Each of the 6 Groups (6 teams): $500,000 x 6

This prize structure emphasizes not only the prestige of winning the tournament but also rewards teams for their performance at various stages. The financial incentives aim to promote competitiveness and enhance the overall quality of the tournament.