The West African nation pipped Ghana 9-8 on penalties after a goalless draw following extra time in Equatorial Guinea to lift their second title after 1992.
Coach Herve Renard was invited to the presidential palace on Tuesday with the Frenchman receiving a bonus of more than €114 000 ($129.000).
His 23-man squad were each given a house worth €46 000 ($52 000) as well as the same amount “in cash”, according to Sports Minister Alain Lobognon.
The Ivorian Football Federation were given €380 000 ($429 000), with the technical and administrative staff sharing €460 000 ($520 000), amounting to a total of €3million forked out by the head of state.
The entire squad were also conferred with the highest order of knights of the National Order.
“Thanks to you, Ivory Coast is once more united,” said Ouattara, speaking at length of the sense of national unity the victory provided.
“You managed to rebuild a strong team working as one towards one goal – winning and winning more. It’s a lesson in rallying people together,” he said.
The Ivorian ‘Elephants’ have been seen as a uniting force in one of the world’s poorest countries which is emerging from 10 years of political and military strife.
“We had been dreaming about that title for a quarter of a century! Now, the cup is here and, as they say, all things come in threes!” said Ouattara.