The cash awards for competing nations in the 2023 Africa Cup of Nations tournament (AFCON prize money) in Cote d’Ivoire have been made public by the Confederation of African Football.

The winner of AFCON 2023 will take home  $7 million for lifting the trophy. The runners-up will pocket $4 million. The two losing semi-finalists (two teams) will each receive $2.5 million.

Further down the ranks, the losing quarter-finalists (four teams) will each receive $1.3 million. The eight teams knocked out in the round of 16 will get $800,000 each.

Furthermore, two teams that finished third in their group but failed to advance will receive $700,000. The six teams that finished last in their groups got $500,000 each.

The AFCON 2023 prize money, as revealed by CAF

Winner: $7,000,000

Runners-up: $4,000,000

Semi-finalists (two teams): $2,500,000 x 2

Quarter-finalists (four  teams): $1,300,000 x 4

Round of 16 (eight teams): $800,000 x 8

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The teams ranked 3rd in their group but failed to qualify for the round of 16 (2 teams): $700,000 x 2

The teams ranked 4th in each of the six groups (six teams): $500 000 x 6

As the tournament begins the quarterfinals stage on Friday (today), eight teams are playing, seeking to advance to the next round (semifinals).

At the Felix Houphouët-Boigny Stadium in Abidjan on Friday (today), Nigeria will face old foes, Angola, as they continue their quest for their fourth Africa Cup of Nations title, which they last won in 2013.