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Ghana to earn $700,000 despite group-stage exit at 2023 AFCON

Ghana will earn an amount of $700,000 as a consolation prize despite being eliminated at the group stage of the 2023 Africa Cup of Nations (AFCON) in the Ivory Coast.

2023 AFCON: Ghana to earn $700,000 despite Black Stars' group-stage exit

The Black Stars were unable to advance to the knockout stages after finishing behind both Cape Verde and Egypt in Group B.

Chris Hughton’s side failed to win a single game at the tournament, with a loss to Cape Verde and draws against Egypt and Mozambique sealing their fate.

A prize money of $34.6 million is, however, set to be disbursed by the Confederation of African Football (CAF) to all the 24 participating teams.

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Ghana, alongside, Zambia, were the only two teams to finish third in their group but miss out on a place in the knockout stage.

A breakdown from CAF on the disbursement of the prize money shows both Ghana and Zambia will receive $700,000 each for finishing third.

The other teams who finished bottom of their groups will also get $500,000 each, while all teams who reached the round of 16 will receive $800,000.

Teams that reach the quarter-finals will get $1.3 million, while semi-finalists will also be rewarded with $2.5 million.

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The winner of the tournament is eligible to earn a whopping $7 million, with the runner-up also getting $4 million.

Meanwhile, it has been revealed that a budget of $8.5 million (GHc105 million) was prepared for Ghana’s 2023 AFCON campaign.

This was contained in a document shared by the MP for North Tongu Samuel Okudzeto Ablakwa on X (formerly Twitter).

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