The Confederation of African Football (CAF) has announced a 50 per cent increase in prize money for the 2024 Women’s Champions League which kicks off on Saturday, November 9 in Morocco.
With the substantial increase, the winner of the 2024 edition of the championship will go home with a whopping $600,000, representing a 52% upgrade from previous years.
In a statement on Thursday, CAF further promised financial support for every participating club, with each team guaranteed at least $150,000.
“The increased prize money is part of CAF’s broader commitment to grow women’s football across Africa, with ambitions to invest further in youth academies and enhance the appeal of CAF competitions globally,” the CAF statement said in part.
It also gave a breakdown of this year’s prize structure:
– Winner: $600,000
– Runner-up: $400,000
– 3rd Place: $350,000
– 4th Place: $300,000
– 3rd in Group: $200,000 each
– 4th in Group: $150,000 each
The African Women’s Champions League was launched in 2021 under President, Dr. Patrice Motsepe, and has quickly become the highlight of African women’s football.
This year’s increased investment is expected to strengthen the tournament’s appeal and inspire greater participation across the continent.