CAF president,Patrice Motsepe
HighlightSports

CAF Boosts WAFCON Prize Money to $3.475m

"the winning team will take home $1 million, while the runner-up will receive $500,000"

675

The Confederation of African Football (CAF) has announced a significant increase in prize money for the 2024 Women’s Africa Cup of Nations (WAFCON), with the winner’s share doubling to $1 million.

The total prize pool has also seen a 45% boost, reaching $3.475 million.

CAF President Dr. Patrice Motsepe expressed the organization’s commitment to advancing women’s football in Africa, saying, “The confederation is continuing with its commitment to the development and growth of women’s football in Africa.

“The 100% increase in the prize money for the winner of the TotalEnergies CAF WAFCON Morocco 2024 and the 45% total increase in the prize money for this competition should contribute to the increase of the salaries of women football players, coaches, and employees.”

Persecondnews reports that the winning team will take home $1 million, while the runner-up will receive $500,000.

The team that finishes in third place will earn $350,000, and the fourth-place finisher will receive $300,000 while teams that reach the quarterfinals will each earn $200,000.

Teams that finish third in their group will receive $150,000, while teams that finish fourth in their group will earn $125,000 each.

Motsepe highlighted the growing popularity of women’s football, noting the substantial increase in fans, broadcasting viewers, and sponsors.

The 2024 WAFCON will feature 12 national teams competing for the top prize, with the tournament set to kick off in Morocco.

Leave a comment

Related Articles

NRC Alleges Oyo Local Govt Chairman of Vandalizing Railway Assets Worth Millions

The Nigerian Railway Corporation (NRC) has condemned the destruction of multi-million naira...

Counter-Terrorism & Strategy: Why U.S. Special Forces Are in Nigeria – Gen. Anderson

To decisively tackle terrorism in West Africa, the United States has dispatched...

Lagos Assembly Orders Halt to Makoko Demolitions Amid Standoff with Gov. Sanwo-Olu

A major rift has emerged between the Lagos State House of Assembly...

Just In: Terrorism & Arms Charges: DSS Arraigns ex-AGF Malami, Son

Former AGF Abubakar Malami and his son, Abdulazeez, have been remanded in...

“No Deal”: Presidential Claimant Fernando Dias Rejects Guinea-Bissau Junta’s Transition Plan

By Paul Ejime Dr Fernando Dias da Costa, who claimed victory in...

UK Prosecutors Reveal Diezani Spent £140k on Luxury Furniture in One-Day Shopping Spree

As the trial of former Nigerian Petroleum Minister Diezani Alison-Madueke continues in...

“Democracy Forbids It”: Falana Argues Against Court-Martial for Soldiers in Alleged Coup

Mr. Femi Falana (SAN), prominent human rights lawyer, has argued that military...

“I Can Account for My Wealth”: Malami Petitions Court to Vacate Forfeiture Order

Former Attorney General of the Federation and Minister of Justice, Abubakar Malami...

Bonga FPSO Shutdown for Maintenance, Nigeria’s Oil Output to be Affected

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the shutdown of...

Traders Count Losses as Fresh Fire Ravages Kano’s Singa Market

Barely two months after a crippling fire outbreak, Singa Market in Kano...

South Africa Clarifies Stance on 2026 WAFCON Hosting

South Africa’s Minister of Sport, Gayton McKenzie, has clarified that no formal...

South Africa to Host 2026 Women’s Africa Cup of Nations

With just 60 days to go, South Africa has been named the...

Tragedy in Abuja: Rising Music Star Ifunanya Dies After Snake Bite

A bright light in Nigeria’s music scene has been extinguished. Ifunanya Nwangene,...

Ademola Lookman Set to Join Atlético Madrid in €40m Deal

Nigerian forward Ademola Lookman is poised to join Atlético Madrid in a...

Ogun Gov. Abiodun to Unveil State-Owned DisCo, New World Bank-Power Projects, Mini-grids

Ogun State is gearing up for a major power boost with the...

Ronaldo Meets Osimhen, Portugal to Face Nigeria in June Friendly

By Samuel Akpan (with agency report) Portugal and Nigeria are set to...

Chelsea Stuns West Ham with Dramatic 3-2 Comeback Win

Chelsea staged an incredible comeback to beat West Ham 3-2 in a...

Gunners Gallop: Arsenal Crush Leeds 4-0 to Tighten Grip on Title Race

Arsenal has silenced doubters with a dominant 4-0 victory over Leeds United...

Kano Secures ₦1trn Rail Project After Governor’s High-Profile Defection to APC

Barely 48 hours after joining the ruling All Progressives Congress (APC), Kano...

Emefiele’s Trial: Ex-CBN Director Admits to $2.5m ‘Gift’ Linked to $6.2m Election Logistics Fund

Bashirudeen Maishanu, a former Deputy Director of Banking Supervision at the Central...