Africa’s continental football governing body, the Confederation of African Football (CAF) has announced bumper monetary rewards for the prestigious AFCON trophy kicking off in June in Egypt.
According to CAF, all the countries competing at this summer’s Africa Cup of Nations in Egypt will receive at least $600,000 each.
For the first time in the history of the competition, 24 teams are participating and this will bring additional revenue to CAF.
According to President of CAF, Ahmad Ahmad, the winner of the AFCON will take home $4.5 million (the equivalent of 4 million euros or N1.6 billion) in addition to the trophy they will raise on July 19.
”Obviously, we increased the prize money for the competition,” Ahmad Ahmad said to Radio France International.
Defending champions Cameroon pocketed $4 million for winning the 2017 AFCON, Egypt received $2 million while Burkina Faso and Ghana, the two semi-finalists, took home $1.5 million each.
The Super Eagles have been drawn with Guinea, Madagascar and Burundi in Group B and the schedule see the three-time African champions open their campaign against the Swallows of Burundi at the Alexandria Stadium, Alexandria on June 22.
The expectations are high that the Super Eagles will easily qualify from their Group before taking a shot at the trophy which they won last in 2013 in South Africa with the late Stephen Keshi as gaffer.