CAF President Motsepe explains the reasons behind the increase in CHAN prize money.

The President of the Confederation of African Football (CAF) has explained the reason behind the recent increase in prize money for the African Nations Championship (CHAN).

A brand new trophy and a 75% increase in prize money for the winners make this year’s edition co-hosted by Kenya, Tanzania, and Uganda exciting.

For the first time in the tournament’s history, the champions will take home a remarkable $3.5 million while the runners-up will earn $1.2 million with the third and fourth-place teams getting $700,000 and $600,000, respectively.