The Confederation of African Football (CAF) has announced cash prizes for the upcoming Africa Football League (AFL) in Dar es Salaam, Tanzania.
The organisation said the competition will feature the highest-ranked and most successful football Clubs on the African Continent.
The competition is going to be the first ever under the CAF.
“The Prize Money is appealing and competitive as the Winning Club will only play six matches to win the substantial Prize Money of $4,000,000 (Sh591,200,000),” CAF said in a statement.
The runner-up will take up to $3,000,000 (Sh443,400,000) while for each of the Semi-finalists, the teams will get $1,700,000 (Sh251,260,000).
“For each quarter-finalist, the team will receive $1,000,000 (Sh147,800,000)”
The AFL is expected to start on Friday, October 20, 2023.
The competition will feature; Simba SC (Tanzania) and AlAhly SC (Egypt), Enyimba FC (Nigeria), Wydad AC(Morocco), Mamelodi Sundowns FC (South Africa)
Others are; TP Mazembe (DR Congo), Espérance Sportive de Tunis (Tunisia) and Atlético Petróleos de Luanda (Angola).
“The AFL will also contribute to the development and growth of Youth football talent on the African Continent.
CAF said its intention is that all its members, including the countries that may not have football Clubs in the AFL, should benefit and receive financial contributions from the commercial viability and success of the AFL.
“The AFL will also contribute to the development and growth of Youth football talent on the African Continent.”