What is AFW?

Android For Work (AFW) is a program for devices running on the Android mobile OS that allows IT to manage and secure business applications on a work-specific profile.

The work features in Android make your phone the perfect business tool.

Source : https://enterprise.google.com/android/

For more information check this link

Setting work profile

Separation of Personal and Work Data

App icons with work profile symbol

Work Profile mode apps are differentiated by an red briefcase icon

Apps are separate for work profile

This enables IT admins to separate personal and work apps and data

Many enterprise companies are using Android for work.