Afrikan Co-operative Union
Directory of Co-operatives
Share
Trading address:
7 Bell Yard
Strand
Strand
London
WC2A 2JR
Category:
Community Description:
A group of Afrikans across the globe came together in April 2010 in London after a programme on Radio Galaxy and resolved that the way forward lies entirely in self-sufficiency and elected to create a co-operative union for Afrikans. Like the ants the group argued that there is no value in borrowing because to borrow puts the borrower at the mercy of the lender. They resolved that the funding for the Afrikan Co-operative Union has to come from issuance of shares sold to Afrikans of all income groups as an investment. Hence the cost of the share has to be low enough to attract the lowest paid.