CAF has announced a significant prize money increase for the 2024 CHAN with winners getting $3,5m, up from $2m in the previous edition. The runner-up will now earn $1,200,000, while third- and fourth-place finishers will receive $700,000 and $600,000, respectively.
Each of the four losing quarter-finalists will pocket $450,000. Teams finishing third in the group stage will earn $300,000, while those who finish bottom of their groups will receive $200,000 each.
The President of CAF Dr Patrice Motsepe said: “We are excited about the upcoming TotalEnergies CAF African Nations Championship (“CHAN”) Kenya, Tanzania and Uganda 2024 and have significantly increased the Prize Money of the Winner to USD 3.5 million which is an increase of 75%. We have also increased the total Prize Money of the CHAN Kenya, Tanzania and Uganda 2024 to USD 10.4 million which is a 32 % increase.
“The CHAN is an important Competition for the development and growth of Africa-based football players and talented young players and will contribute significantly to the global competitiveness of African football and CAF Competitions. This Competition is part of our strategy of investing in African football and making it appealing and attractive to football fans, TV viewers, sponsors, partners, and other stakeholders in Africa and worldwide,” the President concluded.
The tournament has been scheduled to take place from 2–30 August 2025 in Kenya, Tanzania, and Uganda.
