Former Sierra Leone international John Jebbor Sherington has been appointed caretaker coach.
Mali battled to a draw against Uruguay and Senegal had kept their hopes alive with a 2:1 win over Qatar
Equatorial Guinea ranked in top 50 in latest Fifa world rankings.
Ghana defeated Panama to reach the top of Group B.
Nigeria produced a dominant second-half and thrashed North Korea.
U-20 WORLD CUP 2015 - GROUP C & GROUP D
Ghana survived a late fight-back to beat Argentina 3:2 in GROUP B.
FIFA president Sepp Blatter is being investigated by US officials
The Flying Eagles lost against Brazil.
Mali beat Mexico and Senegal lost against Portugal.
Quarter-Finals
Match 98
Day 30
Spain vs Belgium 2:1
Goals Spain
Fabián Ruiz (30')
Mikel Merino (88')
Goal Belgium
C. De Ketelaere (41')
Assist Belgium
T. Castagne (41')
Belgium
Spain