It is headquartered in Cairo, Egypt Afreximbank is a financial provider to African governments and private businesses in support of intra-African[2] and Caribbean trade.

The Agreement grants Afreximbank the status of an international organization with full juridical personality under the laws of its participating states.

In October 1993, Afreximbank was officially launched during its inaugural General Meeting of Shareholders in Abuja, where Mr. Christopher Edordu was appointed its first President.

Professor Benedict Okey Oramah, a Nigerian national, is the third President and Chairman of the Board of Directors of Afreximbank, having been appointed to that position at the Annual General Meeting of Shareholders held on 13 June 2015 ,for his first five-year term.

[citation needed] Afreximbank has evolved into a group entity comprising the Bank itself, its impact investment subsidiary—the Fund for Export Development in Africa (FEDA)—and its insurance management subsidiary, AfrexInsure.

In addition to its subsidiaries, Afreximbank drives various initiatives aimed at advancing trade, investment, and economic development across Africa.

[36] The Africa Quality Assurance Centre (AQAC) is an initiative by Afreximbank aimed at ensuring the competitiveness of African products in global markets.

AQAC provides modern testing, inspection, and certification services to meet international standards, addressing quality challenges faced by African exporters.

[38] By enhancing product quality and compliance, AQAC supports Africa’s industrialization, fosters trade, and boosts confidence in African goods, enabling them to access and thrive in regional and global markets.

[39] Through CANEX, Afreximbank provides financing, capacity-building, and market access support for creatives across diverse sectors such as fashion, film, music, art, publishing, and digital media.

By leveraging partnerships and innovative programs, CANEX aims to unlock the potential of Africa's creative sector, positioning it as a significant contributor to the continent's economic development and global cultural influence.