THE Confederation of African Football (CAF) has announced a significant increase in prize money for the 2024 African Nations Championship (CHAN), which will be co-hosted by Kenya, Uganda, and Tanzania from Saturday, February 1, to Friday, February 28, 2025.

In a statement released by Africa's football governing body, CAF revealed that the winner of the tournament will now take home USD 3.5 million (approximately Tsh. 8.68 billion), marking a 75% increase from the previously allocated USD 2 million (approximately Tsh. 4.96 billion).

CAF has consistently increased prize money for winners in recent CHAN editions, with the 2020 champions, Cameroon, receiving USD 1.25 million (approximately Tsh. 2.88 billion).

The total prize money for the 2024 tournament has also been raised to a record USD 10.4 million (approximately Tsh. 25.79 billion), a 32% increase from the previous edition.

“We are excited about the upcoming TotalEnergies CAF African Nations Championship (CHAN) Kenya, Tanzania, and Uganda 2024 and have significantly increased the prize money for the winners to USD 3.5 million, which is a 75% increase,” said CAF President Patrice Motsepe.

“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,” he added.

Motsepe (pictured) emphasized the importance of CHAN as a platform for developing African football and nurturing local talent.

“The CHAN is an important competition for the development and growth of Africa-based football players and talented young athletes. It will contribute significantly to the global competitiveness of African football and CAF competitions,” he stated.

“This tournament is part of our strategy to invest in African football and make it appealing and attractive to football fans, TV viewers, sponsors, partners, and other stakeholders in Africa and worldwide,” Motsepe added.

The 2024 CHAN will feature 19 participating nations, with 17 teams already qualified and two more set to join after the conclusion of their qualifying matches.

The countries that have secured their spots in the tournament include host nations Kenya, Tanzania, and Uganda, along with Morocco, Guinea, Senegal, Mauritania, Niger, Burkina Faso, Nigeria, the Central African Republic, the Democratic Republic of Congo, Congo, Sudan, Zambia, Angola, and Madagascar.