CAF gives 2019 AFCON participants $260,000

The amounts will be deducted from the premiums to be received by each country at the end of the tournament.

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byAbdulateef Ahmed

April 25, 2019

Cameroon celebrates being crowned Champions during the 2017 Africa Cup of Nations Finals, Afcon Final match between Egypt and Cameroon at the Libreville in Gabon on 05 February 2017 ©Sydney Mahlangu/BackpagePix

The Confederation of African Football (CAF) have paid $260,000 to all the countries participating in 2019 AFCON to finance their preparations for the tournament in Egypt.

The aim of the advance payment is to help federations or associations with smaller budgets to meet the expenses of their preliminary preparations.

However, the amounts will be deducted from the premiums to be received by each country at the end of the tournament.

The premiums ranges between US$4.5 million for the eventual champions and US$475,000 for the teams eliminated at the group stage.

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Abdulateef Ahmed

Abdulateef Ahmed, Digital News Editor and; Research Lead, is a self-driven researcher with exceptional editorial skills. He's a literary bon vivant keenly interested in green energy, food systems, mining, macroeconomics, big data, African political economy, and aviation..