The Confederation of Africa Football (Caf) has increased prize money for its club competitions by more than 100 percent, while the African Cup Nations (Afcon) total package has also been increased by up to 64 percent, starting in 2017 through 2020.
The 2017 Africa Cup of Nations winners will receive $4 million, whereas Ivory Coast won $1.5m in 2015.
The African Champions League victors will win $2.5m instead of the $1.5m Mamelodi Sundowns took home last month.
The prize money for the Women’s Cup of Nations increases from just $50,000 this year to $80,000 in 2019.
That tally is still a smaller figure than that received by the team finishing last in their group at the men’s Nations Cup.
A copy of some of the prize money on offer at Caf tournaments.
The prize funds for the men’s Africa Cup of Nations, Champions League and Confederation Cup for 2017 until 2020
Today’s announcement follows the sponsorship deal Caf signed with French oil company Total earlier this year, although the financial details of that agreement are yet to be made public.