Bata - The winner of the African Cup of Nations will get $1.5 million(R17 million), the losing finalist will make $1 million and every one of the 16 teams participating at the tournament will receive at least $400 000.
Tournament organizer the Confederation of African Football says the total prize money on offer at the continental championship in Equatorial Guinea is $10 million, compared to the more than $350 million FIFA gave out to teams at the Soccer World Cup in Brazil.
Germany alone took home $35 million for becoming world champion last year.
At the African Cup, the reward for making the quarter-finals is $600 000, and $750 000 for reaching the semi-finals.
This year's tournament kicks off on Saturday in Equatorial Guinea, a late change in host country after Morocco pulled out citing fears over Ebola.