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African Cup of Nations winner to get $1.5 million

January 17, 2015

BATA, Equatorial Guinea (AP) — The winner of the African Cup of Nations will get $1.5 million, 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 organizer 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 Saturday in Equatorial Guinea, a late change in host country after Morocco pulled out citing fears over Ebola.

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