Chief Okafor founded Prime Consolidated Stores Ltd, which was primarily involved in the importation of electronics and sanitary ware, he founded Loremm Properties and Investment Ltd, he established Loremm Suites Ltd, located at Maitama, Abuja, and became the chairman of Loremm Laundry and Dry Cleaning Company Ltd and Loremm Travels and Tours. he founded Loremm Integrated Farms Ltd, situated at Gora Nasarawa State and Omuma Oru East, Imo State. In 2023, Loremm Group of Companies began exporting hibiscus flowers to Mexico and is registered with the Nigeria Export Promotion Council, Abuja.