CHAN 2014: Winners will pocket US$750,000

Nigeria celebrate during their victory over South Africa at CHAN 2014

The Confederation of African Football (Caf) has revealed the winners of this year's African Nations Championship will collect US$750,000.

Caf made the prize money known ahead of this weekend's quarter-finals of the tournament for home-based players.

The money would be a major boost for any of the last-eight teams in South Africa, with even African champions Nigeria struggling financially.

A total of $3.2m will be shared among the 16 participants.