The winner of the African Cup of Nations will get $1.5 million (about R17m), the losing finalist will make $1 million and every one of the 16 teams participating at the tournament will receive at least $400 000.
Tournament organiser the Confederation of African Football says the total prize money on offer at the continental championship in Equatorial Guinea is $10 million, compared to the more than $350 million Fifa gave out to teams at the World Cup in Brazil.
Germany alone took home $35 million for becoming world champion last year.
At the African Cup, the reward for making the quarterfinals is $600 000, and $750 000 for reaching the semifinals.
This year’s tournament kicks off today in Equatorial Guinea, a late change in host country after Morocco pulled out citing fears over Ebola.
Tournament organiser the Confederation of African Football says the total prize money on offer at the continental championship in Equatorial Guinea is $10 million, compared to the more than $350 million Fifa gave out to teams at the World Cup in Brazil.
Germany alone took home $35 million for becoming world champion last year.
At the African Cup, the reward for making the quarterfinals is $600 000, and $750 000 for reaching the semifinals.
This year’s tournament kicks off today in Equatorial Guinea, a late change in host country after Morocco pulled out citing fears over Ebola.