African Pioneers Primary Cooperative - Cooperative Financial Institution and Cooperative Bank Incubator Registered with BankSeta

Who we are:

African Pioneers Primary Co-operative was established to address the dire need to support Co-operatives, in particular CFIs. Our primary objectives are to assist in establishing and providing support to the emerging market of Co-operative Financial Institutions (CFI’s) and Co-Operative Banks (CB’S). African Pioneers has a clear mandate to pioneer this industry in the South African financial landscape bring rural and unbanked communities into the formal market, driving financial inclusion.

Until now we have serviced independent businesses that have operations in the regions of Gauteng, Kwa Zulu-Natal and Eastern Cape, with the aim of playing a fundamental role in their development and sustainability. These include Isikhungo Sabantu and CoSanCom.

We want to establish the causal relationship between everyday consumers who are eager to know what CFI’s and CB’S’s can do in advancing their most basic needs.

The purpose of this document is to establish how CFI’s could become more beneficial to the lives of South African’s. We aim to create awareness and educate South African on what XFI’s and CB’s are and how to engage with them. Active participation in the bid of a providing information to enhance this knowledge to an even bigger audience.

What we can help you achieve

African Pioneers has a clear mandate to pioneer this industry in the South African financial landscape to develop and establish Co-operqtive Financial Institutions and Co-operatve Banks in the formal markets.

Our Mission

Our success depends on building successful regional technology ecosystems that promote Co-Operative Financial Institutions and Co-Operative Banks as the key foundation of trading.

Our Vision

Act as an intersection of business, government and society to positively shape the future of the economy and society with the use of innovation in changing the way that consumers perceive Co-Operative Financial Institutions and Co-Operative Banks’.

Our Purpose

By moving up the value chain, to higher order benefits that broaden consumer base and solidify Co-Operative Financial Institutions as a more recognised category and defend future disruption.

Our Achievements

International Award

Local Award

BEE Registered

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Incubatees

849

CFI Members

183

Members Trained

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