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Motsepe Announces Increase In CAF Competition Prize Money

Motsepe Announces Increase In CAF Competition Prize Money

The president of the Confederation of African Football, Dr Patrice Motsepe, has announced that there will be a significant increase in prize money in one of the upcoming CAF competitions.

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Earlier this week, African football's governing body unveiled the competitions supporters can expect from them on the 2025 football calendar, with the TotalEnergies CAF African Nations Championship (CHAN) set to kick off proceedings.

Last year, it was announced that the East African nations of Uganda, Kenya, and Tanzania would host the 2027 Africa Cup of Nations. However, before that, they will welcome the continent to witness the eighth edition of the CHAN.

Having increased the prize money in various CAF competitions since assuming the top position within CAF, Dr Motsepe has made no exception for CHAN, revealing that there will be a significant increase in prize money for participants and the overall winners.

In an official statement released by CAF, the South African executive said:
"We are excited about the upcoming TotalEnergies CAF African Nations Championship ("CHAN") Kenya, Tanzania and Uganda 2024 and have significantly increased the Prize Money of the Winner to $3.5 million (R65 million) which is an increase of 75%.

"We have also increased the total Prize Money of the CHAN Kenya, Tanzania and Uganda 2024 to $10.4 million (R195 million) which is a 32% increase.

"The CHAN is an important Competition for the development and growth of Africa-based football players and talented young players and will contribute significantly to the global competitiveness of African football and CAF Competitions.

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"This Competition is part of our strategy of investing in African football and making it appealing and attractive to football fans, TV viewers, sponsors, partners and other stakeholders in Africa and worldwide."

 

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