Afreximbank opens applications for 2025 internship program, to pay $1,000 per month  

Although the internship is unpaid in the traditional sense, Afreximbank is offering several perks to successful candidates, including a monthly, tax-free stipend of $1,000 and an additional housing allowance of $500 for those relocating from outside the host country.

The initiative, designed to nurture the next generation of African leaders and global change-makers, offers a unique opportunity for students to work directly with industry experts while contributing to the continent’s economic transformation.

According to the announcement by Afreximbank, the Internship Program is open to students from member states of the Bank, individuals of African descent in the diaspora, and non-African students whose vision aligns with the Bank’s mission to advance Africa’s development.

To be eligible, applicants must: 

The internships run twice a year: in January and June for a maximum of six months. While most interns will be based at the Bank’s headquarters in Cairo, Egypt, opportunities may also be available in other Afreximbank Group entities across Africa.

Interns will undergo a comprehensive induction program before being assigned to departments aligned with their academic background and professional interests.

Throughout the internship, participants will be rotated across various value chain departments and assigned mentors for guidance.

At the end of the program, interns are required to submit a report detailing what they learned and how they intend to apply this knowledge to Africa’s development.

According to the bank, applications are open year-round and must be submitted via Afreximbank’s online internship application portal. Required documents include:

Interested persons can apply via the Afrieximbank’s portal here. Applications close on April 30, 2025.

Once selected, candidates have two weeks to accept the offer and present all required documentation. Failure to comply leads to automatic withdrawal of the offer.

Afreximbank Group comprises of the African Export -Import Bank (Afreximbank), the Fund for Export Development of Africa (FEDA), a private equity subsidiary, , the Pan African Payments and Settlements System (PAPSS) and Afrexinsure, a captive insurance subsidiary.

The African Export-Import Bank (Afreximbank) is a Multilateral Financial Institution established to finance and promote intra and extra -African trade.