BREAKING: CAF Increases Prize Money For CHAN 2024

15 hours ago 2

The Confederation of African Football (CAF) has officially announced a significant increase in prize money for the upcoming 2024 African Championship, also known as CHAN.

The CHAN, which showcases the best national teams made up of players who compete in their home countries, will be co-hosted by three nations: Kenya, Tanzania, and Uganda.

For the 2024 edition of CHAN, the team that emerges victorious will be rewarded with an impressive prize of $3.5 million. This amount reflects a substantial increase of 75% compared to the prize awarded to the Senegalese national team during the previous tournament held in Algeria two years ago.

In addition to the winner’s prize, CAF has announced that the total prize pool for the competition has also seen a considerable boost, rising to $10.4 million. This amount represents a 32% increase over the previous total, underlining CAF’s commitment to enhancing the financial aspects of the tournament and supporting African football.

As it stands, 17 countries have already secured their spots in this biennial competition, showcasing the widespread interest and competitiveness of African national teams. The draw ceremony, where participating teams will be organized into groups, is set to take place at the International Convention Centre in Nairobi, Kenya on Wednesday, January 15.

The excitement will kick off with the tournament starting on Saturday, February 1, 2025, culminating in the final match scheduled for Friday, February 28, 2025.

This Championship promises to be an exciting event that not only highlights the talent within African football but also fosters unity among the participating nations.