CAF Increases CHAN Prize Money to $3.5 Million for 2024 Edition
CAF Boosts CHAN 2024 Prize Fund by 32%, Winner to Receive $3.5 Million
- CAF has announced a significant boost to the prize money for the 2024 TotalEnergies CAF African Nations Championship
- The winner of the tournament will now receive $3.5 million, marking a 75% increase from the previous edition.
- The final two spots will be determined through remaining qualification matches.
The Confédération Africaine de Football (CAF) has announced a significant boost to the prize money for the 2024 TotalEnergies CAF African Nations Championship (CHAN), which will be co-hosted by Kenya, Tanzania, and Uganda.
The winner of the tournament will now receive $3.5 million, marking a 75% increase from the previous edition.
In addition, CAF revealed that the total prize pool for the competition has also risen by 32%, now standing at $10.4 million.
CAF President Dr. Patrice Motsepe expressed enthusiasm about the upcoming tournament and its impact on African football. “We are thrilled about the 2024 CHAN and are pleased to announce the increased prize money for the winner, now set at $3.5 million, reflecting a 75% increase,” said Motsepe. “This increase, along with the overall prize fund of $10.4 million, aligns with our strategy to support the development of African football and foster the growth of home-based players.”
He emphasized the importance of the competition in providing a platform for Africa-based football players to showcase their talent. “The CHAN plays a key role in strengthening the competitiveness of African football, contributing to the growth of our national teams, and attracting a global audience,” Motsepe added. “This is part of our broader strategy to invest in African football, making it more appealing to fans, sponsors, and stakeholders across the globe.”
The 2024 CHAN will kick off on February 1, 2025, with the final scheduled for February 28, 2025.
So far, 17 nations have secured their spots in the tournament: Kenya, Tanzania, Uganda, Morocco, Guinea, Senegal, Mauritania, Niger, Burkina Faso, Nigeria, Central African Republic, Democratic Republic of Congo, Congo, Sudan, Zambia, Angola, and Madagascar. The final two spots will be determined through remaining qualification matches.
The increase in prize money and the enhanced profile of the tournament mark a significant step forward in CAF’s commitment to elevating African football to new heights.