AFCON 2023: CAF Announces Increased Prize Money for Winner

-

A significant 40% increase in prize money has been announced by the Confederation of African Football (CAF) for the 2017 Africa Cup of Nations (AFCON). 

Related To This: AFCON 2023: I Am Confident Black Stars Can Go Far - Akwasi Appiah

The winning team of the 2023 edition of this continental tournament, to be held in Ivory Coast, will take home a remarkable grand prize of $7 million. Alongside this rewarding sum, the runner-up is set to receive $4 million, with the four semifinalists each securing $2.5 million and the four quarterfinalists obtaining $1.3 million each.

Dr. Patrice Motsepe, President of CAF, emphasized the organization's commitment to enhancing the rewards for AFCON and other major competitions. 

He stated, "CAF has made significant progress over the past two years in increasing the Prize Money of the AFCON and all its other major competitions." Dr. Motsepe emphasized the advantages of the increased prize money, stressing that it can help member associations with their administrative work and foster football development as well as assist football stakeholders.

The 2023 Africa Cup of Nations tournament is scheduled to kick off on January 13 and culminate with the grand final on February 11, 2024.

Related To This: Ghana National Team Faces Frustration Over Poor Camping Facilities

Comments

Post a Comment

Popular posts from this blog

GJA Calls For Media Blacklist on Yendi MP for Allegedly Assaulting Journalist

-
Image
In response to allegations of assault against Mohammed Aminu M. Alabira, the Northern Regional Correspondent for Citi TV, the Ghana Journalists Association (GJA) has called for a national media boycott of Farouk Aliu Mahama, the Member of Parliament for Yendi. Important industry actors have endorsed the GJA's directive: the Media Foundation for West Africa (MFWA), the Private Newspaper Publishers Association of Ghana (PRINPAG), and the Ghana Independent Broadcasters Association (GIBA). Related To This: Hawa Koomson Threatens to Sue GJA President Over Assault Allegations The coalition asked all media outlets to uphold Farouk Aliu Mahama's blacklisting till further notice during a joint press conference on Tuesday, February 6. The media professionals were put at serious risk due to the MP's purported connections to those who could potentially pose a threat to journalists. The groups emphasized, "All media houses must refrain from providing any coverage, interviews, or a
Read more

Taxes Now Serve as Punishment to Businesses - Mark Badu-Aboagye

-
Image
The Ghana Chamber of Commerce and Industry's CEO, Mark Badu-Aboagye, has expressed grave concerns about the growing burden of direct and indirect taxes placed on the country's enterprises.  During an open discussion on JoyNews' PM Express, Mr. Badu-Aboagye brought attention to the mounting difficulties that businesses are facing in light of rising expenses and financial commitments, especially with regard to tax responsibilities. Related To This: Akufo-Addo's Imposed Tax Policies Will Make The Next President Suffer - Franklin Cudjoe Mr. Badu-Aboagye expressed his dismay and emphasized the unsettling consequences of the existing tax structure, describing it as harsh and onerous for companies aiming for expansion and sustainability.  He underlined, saying, "I believe that rather than helping businesses, our taxes now serve as a punishment to them. This is because they expect you to pay, but we are unable to. They are beating us but they are telling us to keep quiet.&
Read more

Use Emission Tax Funds to Support EPA - Professor Kofi Amegah

-
Image
The University of Cape Coast's renowned environmental and nutritional epidemiology lecturer, Professor Kofi Amegah, has suggested that money from emission levies be used to support environmental protection organizations.  During his February 1 appearance on The Pulse on JoyNews, Professor Amegah emphasized how vital it is to improve the Environmental Protection Agency's (EPA) capacity to efficiently track pollution levels and strengthen environmental conservation measures. Related To This: Implementation of Emissions Levy Act Commences Today Professor Amegah emphasized the need to reallocate a portion of the proceeds from the emission tax in order to relieve the EPA's budgetary constraints, given its limited resources. He highlighted that such support would enable the acquisition of reference-based monitors, which, when installed in urban areas, can furnish essential data vital for formulating effective air pollution control policies. Additionally, the resulting data would
Read more