The 10 Most Expensive Football Teams at AFCON 2024

The highly anticipated Africa Cup of Nations (AFCON), the premier football tournament on the continent, kicked off in Ivory Coast. This prestigious tournament, sanctioned by the Confederation of African Football (CAF), has been a footballing spectacle since its inception in 1957.

The list is courtesy of

The 1957 edition featured three participating countries. 67 years later, the tournament has evolved significantly, with the number of participants tripling to an impressive 24 teams vying for supremacy.

The winning national team will take home US$7 million while the runner-up takes US$4 million, third place takes US$2.5 million and the fourth-placed team takes US$1.3 million.

An insightful report by has disclosed the financial standing of the most expensive African team participating in the AFCON event. This revelation relies on current financial rankings and market values, shedding light on the strength and global competitiveness of African national teams.

Per the report, the Super Eagles of Nigeria are the most valuable team at the 34th edition of the AFCON competition.

Nigeria have the most players in the top European leagues and are coming into the tournament rated highly.

Napoli striker Victor Osimhen is the most expensive player in the team, currently valued at $120 million.

Below are the 10 most expensive squad at AFCON 2024:
Rank Country Value
1 Nigeria €349.75 million
2 Morocco €347 million
3 Ivory Coast €334 million
4 Senegal €274 million
5 Ghana €196 million
6 Algeria €188 million
7 Mali €140 million
8 Cameroon €137 million
9 Egypt €135 million
10 Democratic Republic of Congo €110 million

Don Pedro Aganbi

Don Pedro Aganbi is a Nigerian Journalist, broadcaster, Filmmaker, brand and Public Relations Specialist and 1st prize winner, TV category, United Nations Economic Commission for Africa (UNECA) & Africa Information Society Initiatives (AISI) Awards. He is also a recipient of the Global IT Champion Awards, courtesy of World Information Technology and Services Alliance (WITSA).

He is the Founder/Managing Partner, TechTV Network and convener of the hugely popular Titans of Tech Awards, Pan African Digital Initiative Summit & Expo and the TechTV Digital Agenda Forum.

Don Pedro Aganbi is the producer and host of the popular international award winning TV show, TechTV.

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