CAF on Tuesday announced significant increase in the prize money for the African Nations Championship (CHAN) ahead of the 2024 edition that will be hosted by Kenya, Tanzania and Uganda.

The continental football governing body revealed that the total prize money package has increased by 32% up to $ 10.4M from the $3.3M that has been in place.

Additionally, the Prize money for the Champions has also increased tremendously by 75% from $ 2.6M up to $ 3.5M.

“The Confédération Africaine de Football (“CAF”) announced today that the Prize Money of the Winner of the TotalEnergies CAF African Nations Championship (“CHAN”) Kenya, Tanzania and Uganda 2024 has been increased by 75% and the Winner will now receive USD 3.5 million. CAF also announced that the total Prize Money of the CHAN Kenya, Tanzania and Uganda 2024 has been increased to USD 10.4 million which is an increase of 32%.” Reads a statement on the CAF website.

According to CAF President Dr. Patrice Motsepe, CHAN is an important tournament that helps in promoting African-based talent.

“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. 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.” He said as quoted by cafonline.com.

The tournament will run between 1st – 28th February 2025 with 19 teams taking part.

Kenya, Tanzania, Uganda, Morocco, Guinea, Senegal, Mauritania, Niger, Burkina Faso, Nigeria, Central African Republic, Democratic Republic of Congo, Congo, Sudan, Zambia, Angola and Madagascar have already qualified. Two additional countries who are yet to be confirmed will also participate.

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