{"id":2021,"date":"2025-08-02T14:53:54","date_gmt":"2025-08-02T14:53:54","guid":{"rendered":"https:\/\/eandelmagazine.com\/eandelmagazine\/?p=2021"},"modified":"2025-08-02T14:53:54","modified_gmt":"2025-08-02T14:53:54","slug":"chan-2024-caf-explains-10-4m-prize-money-boost","status":"publish","type":"post","link":"https:\/\/eandelmagazine.com\/eandelmagazine\/chan-2024-caf-explains-10-4m-prize-money-boost\/","title":{"rendered":"CHAN 2024: CAF explains $10.4m prize money boost"},"content":{"rendered":"<h1 class=\"post-title\"><\/h1>\n<div class=\"post-meta\">\n<p class=\"author-name\"><a title=\"Posts by Anthony Nlebem\" href=\"https:\/\/businessday.ng\/author\/anthony-nlebem\/\" rel=\"author\">Anthony Nleb<\/a>e<a title=\"Posts by Anthony Nlebem\" href=\"https:\/\/businessday.ng\/author\/anthony-nlebem\/\" rel=\"author\">m<\/a><\/p>\n<\/div>\n<article>\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-2022 aligncenter\" src=\"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/08\/CHAN-2024-1-700x393-1.jpg\" alt=\"\" width=\"700\" height=\"393\" srcset=\"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/08\/CHAN-2024-1-700x393-1.jpg 700w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/08\/CHAN-2024-1-700x393-1-300x168.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n<p class=\"image-caption\" style=\"text-align: center;\">CHAN 2024: CAF explains $10.4m prize money boost<\/p>\n<div class=\"social-share\"><\/div>\n<div class=\"post-content\">\n<div class=\"ad-container-silent  margin-top margin-bottom \">\n<div><\/div>\n<\/div>\n<div class=\"ad-container    \"><\/div>\n<p>The Confederation of African Football (CAF) President, Dr Patrice Motsepe, has revealed the rationale behind the significant increase in prize money for the\u00a0<a href=\"https:\/\/businessday.ng\/sports\/article\/2024-chan-super-eagles-b-face-zanzibar-in-final-warm-up-friendly\/\">2024 African Nations Championship (CHAN)<\/a>, raising the total prize pool to $10.4 million.<\/p>\n<p>The 8th edition of the tournament, scheduled to run from August 2 to 30, 2025, will feature 19 teams, including defending champions Senegal, record holders Morocco and DR Congo, alongside Nigeria, Algeria, Guinea, and Zambia, across three host nations: Kenya, Tanzania, and Uganda.<\/p>\n<p>CAF confirmed a 75 percent increase in total prize money compared to the last edition, with the eventual champions set to earn $3.5 million, up from the previous $2 million.<\/p>\n<p>The runner-up will receive $1.2 million, while the third- and fourth-placed teams will take home $700,000 and $600,000, respectively.<\/p>\n<p>Each of the four losing quarter-finalists will earn $450,000. Teams finishing third or fourth in their group will pocket either $300,000 or $200,000, depending on group size, while bottom-placed sides in five-team groups will receive $200,000 each.<\/p>\n<div class=\"ad-container desktop-only margin-top margin-bottom \">\n<div class=\"ad-container-inner\"><\/div>\n<\/div>\n<p>CAF President Motsepe said the prize money increase aligns with the organisation\u2019s strategic efforts to promote and develop football across the continent.<\/p>\n<div class=\"read-also\"><\/div>\n<p>\u201cThis increase in prize money will support the development of locally based players and help strengthen the global competitiveness of African football,\u201d Motsepe said in a statement.<\/p>\n<p>He emphasised that the CHAN tournament, which exclusively features players active in their domestic leagues, is critical for grassroots talent development and improving the profile of African football worldwide.<\/p>\n<p>\u201cThe tournament is a key part of our strategy to make African football more appealing to fans, sponsors, and global broadcasters,\u201d he added.<\/p>\n<p><a href=\"https:\/\/businessday.ng\/sports\/article\/nigeria-drawn-in-tough-group-for-2024-chan\/\">Nigeria\u2019s Super Eagles B<\/a>\u00a0team will return to the tournament after missing the last edition.<br \/>\nFans across Africa and beyond can look forward to a month-long festival of African football.<\/p>\n<div class=\"ad-container    \"><\/div>\n<h3>Prize Breakdown<\/h3>\n<p><strong>Champions:<\/strong>\u00a0$3.5 million<br \/>\n<strong>Runners-Up<\/strong>: $1.2 million<br \/>\n<strong>Third Place:<\/strong>\u00a0$700,000<br \/>\n<strong>Fourth Place<\/strong>: $600,000<br \/>\n<strong>Quarter-Finalists<\/strong>: $450,000 each<br \/>\n<strong>Third in Group<\/strong>: $300,000<br \/>\n<strong>Fourth in Group<\/strong>: $300,000<br \/>\n<strong>Bottom<\/strong>: $200,000<\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Anthony Nlebem CHAN 2024: CAF explains $10.4m prize money boost The Confederation of African Football&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,22],"tags":[],"class_list":["post-2021","post","type-post","status-publish","format-standard","hentry","category-africa","category-sport"],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","wpucv-grid-three":"","wpucv-grid-two":"","wpucv-grid-one":"","wpucv-classic":"","wpucv-classic-small":"","wpucv-galary":"","covernews-slider-full":"","covernews-slider-center":"","covernews-featured":"","covernews-medium":"","covernews-medium-square":""},"author_info":{"info":["vicrollion"]},"category_info":"<a href=\"https:\/\/eandelmagazine.com\/eandelmagazine\/category\/africa\/\" rel=\"category tag\">Africa<\/a> <a href=\"https:\/\/eandelmagazine.com\/eandelmagazine\/category\/sport\/\" rel=\"category tag\">Sport<\/a>","tag_info":"Sport","comment_count":"0","_links":{"self":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/2021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/comments?post=2021"}],"version-history":[{"count":1,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/2021\/revisions"}],"predecessor-version":[{"id":2023,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/2021\/revisions\/2023"}],"wp:attachment":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/media?parent=2021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/categories?post=2021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/tags?post=2021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}