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All the countries competing at this summer’s Africa Cup of Nations in Egypt will receive at least $600,000 each, the Confederation of African Football (CAF) has announced following the draw that took place in Cairo on Friday, April 12.

For the first time in the history of the competition, 24 teams are participating and this will bring additional revenue to CAF.

According to President of CAF, Ahmad, the winner of the AFCON will take home $4.5 million (equivalent of 4 million euros or N1.6 billion) in addition to the trophy they will raise on July 19.

‘’Obviously, we increased the prize money for the competition,’’ Ahmad said to Radio France International.

Defending champions Cameroon pocketed $4 million for winning the 2017 AFCON, Egypt received $2 million while Burkina Faso and Ghana, the two semifinalists, took home $1.5 million each.

The Super Eagles have been drawn with Guinea, Madagascar and Burundi in Group B and the schedule sees the three-time African champions open their campaign against the Swallows at the Alexandria Stadium, Alexandria on June 22.

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