The grants will help the teams in their preparations for the tournament, the continent’s football governing body said.
The financial package will be used mainly to strengthen and improve the technical supervision of each team.
In addition, CAF will provide each African representative with “fieldwiz” equipment, a technological device and physical performance measuring tool for outdoor team sports players, it said.
CAF last month constituted an ad hoc committee, led by CAF first vice-president Kwesi Nyantakyi, to map out the kind of support to be provided to African representatives to the FIFA World Cup Russia 2018.
The committee, which has CAF Executive Committee member Kalusha Bwalya and presidents of the Football Associations of the five qualified countries as members, met in Moscow, Russia, on the sidelines of the draw for the FIFA World Cup held on 1 December 2017.
Egypt, Morocco, Nigeria, Senegal and Tunisia have booked their ticket to represent the continent in the tournament next year.