Launched on October 5, 2021 by Sahr Johnny, a graduate of the London School of Economics, Afreum aims to revolutionize Africa's financial landscape by creating a blockchain ecosystem that caters to the specific needs of Africans. This ecosystem includes apps for payments, savings, loans, remittances, atomic swaps, staking, peer-to-peer transactions, and investments, all built on the Stellar blockchain. The core of this ecosystem is the AFREUM (AFR) main token, along with the AFREUM X (AFRX) incentives and governance token. Additionally, there are over 40 local tokens, such as ANGN, AXOF, and AZAR, representing each African country. The goal is to provide a viable alternative for the financially excluded and unbanked population of Africa, while also offering DeFi opportunities for international users. International users are encouraged to participate by providing liquidity through DeFi-like features like savings and staking pools, while African users benefit from Afreum's fast and affordable transactions through apps like Afreum Wallet, Afreum Save, Afreum Earn, and Afreum Cash.