Nigeria’s Super Eagles are poised for a potential windfall, with a whopping $7 million prize money up for grabs should they emerge victorious at the upcoming Africa Cup of Nations (AFCON) in Ivory Coast.

This mouthwatering reward, announced on Thursday by the Confédération Africaine de Football (CAF), represents a 40% surge compared to the previous tournament in Cameroon.

The Lions of Teranga, Senegal’s national team, took home $5 million for their 2021 AFCON win, while runners-up Egypt received $2.75 million.

This year’s prize money structure promises even greater financial incentives across the board, with the runner-up in Ivory Coast set to pocket $4 million, each semi-finalist receiving $2.5 million, and quarterfinalists earning $1.3 million apiece.

“CAF has made significant progress over the past two years in increasing the Prize Money of the AFCON and all its other major competitions,” declared CAF President Patrice Motsepe.

“This 40% increase for the AFCON winner reflects our commitment to investing in African football and its stakeholders.”

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Dr. Motsepe expressed confidence that a portion of the prize money will not only directly benefit players and teams but also contribute to crucial development initiatives across the continent. This, he believes, will benefit all football stakeholders and assist member associations with administrative needs.

The significantly boosted prize money undoubtedly adds an extra layer of excitement and motivation to the upcoming AFCON 2023. With more at stake than ever before, expect a fiercely contested tournament showcasing the raw talent and passionate spirit that defines African football.