Ghana’s Black Stars are one of two teams set to receive a $700,000 consolation prize following their third-place finish in Group B of the 2023 Africa Cup of Nations (AFCON).
Despite falling short of qualification for the knockout stages, their performance secured a share of the tournament’s $34.6 million prize money.
The Black Stars’ journey in the tournament included a 2-1 loss to eventual Group B winners, Cape Verde, followed by two 2-2 draws against Egypt and Mozambique. This positioned them third in the group, behind Cape Verde and Egypt but ahead of Mozambique.
They were accompanied by Zambia as one of the two teams finishing third but missing out on the opportunity to qualify, as only four of the third-best-placed teams could progress in the competition.
Breakdown
On Wednesday, the Confederation of African Football (CAF), in a statement, provided details on how the entire $34.6 million prize money would be distributed among the 24 participating teams.
According to the breakdown, the six teams finishing at the bottom (fourth) of the six groups will receive $500,000 each, while the eight teams exiting at the round of 16 will be awarded $800,000 each.
The four losing quarterfinalists will each receive $1,300,000 and the two losing semi-finalists will be granted $2.5 million for their efforts.
The losing finalist, determined after the final on Sunday, February 11, 2024, will receive $4 million and the winner of the competition will claim $7 million.