Co-op Debenture Exchange
CDEx is Africa's first regulated exchange dedicated exclusively to cooperative debentures — giving your society direct access to local and international investors, backed by commodity assets and fully insured across the value chain.
CDEx · coops.africa
Cooperative Debenture
Issuing Cooperative Society
Registered · KYC Verified · Active
USD 250,000
Debenture face value
The Challenge
Cooperatives across Africa generate real economic activity — in agriculture, mining, manufacturing, property and trade. Yet the financial system was not designed for them. The result is a capital gap that limits growth, limits members, and limits nations.
01
One member, one vote — no matter how much is invested. Outside equity disrupts cooperative governance and dilutes member control irreversibly.
02
Traditional lenders demand assets cooperatives often do not hold in their own names, locking out the very societies doing the most productive work on the continent.
03
Millions of Africans abroad want to invest back home — but there is no structured, regulated channel for them to do so at scale and with confidence.
04
Cooperatives produce enormous commodity wealth — tobacco, maize, minerals, timber — yet this productive value cannot be easily securitised or offered to investors.
The Solution
A debenture is a debt instrument — your cooperative raises capital from investors and repays it over an agreed term with interest. On CDEx, every debenture is commodity-backed, fully insured, and structured under the Zimbabwe Co-operative Societies Act [Chapter 24:05].
Ownership passes with possession — freely tradeable between investors on the exchange without reference back to your cooperative society.
No hard collateral required. The commodity your members produce — grain, ore, timber — underpins the debenture's value in the eyes of investors.
CDEx partners with leading insurers including CBZ Insurance and Old Mutual to insure the entire production and commodity delivery process.
CDEx is licensed by the Securities and Exchange Commission of Zimbabwe, providing investors with the protections of a formal regulated securities market.
Debentures are expressly authorised under Section 78 of Zimbabwe's Co-operative Societies Act [Chapter 24:05] — your legal right to raise capital is clear.
Your debenture can be subscribed by investors in Zimbabwe, across Africa, and diaspora communities worldwide — through a single regulated platform.
Eligible Sectors
Any registered cooperative society operating in a commodity-producing or asset-backed sector is eligible to list on CDEx — whether you grow it, mine it, build it, process it, or trade it.
Insurance Partner
CBZ Insurance
Value chain insurance coverage for CDEx listed debentures.
Pricing confirmedInsurance Partner
Old Mutual
Insurance and licensing support for the CDEx platform.
In discussionWhat is insured
The Entire Value Chain
From the cooperative's production process through to commodity delivery and asset acquisition — every debenture listed on CDEx is insured end to end, giving investors confidence and cooperatives access to capital they could not otherwise reach.
Insurance & Security
Without insurance, commodity-backed cooperative debentures carry production and delivery risk that institutional investors cannot easily accept. With full value-chain insurance, that risk is priced and transferred — turning cooperative productive capacity into a credible, investable instrument for local and global capital markets.
How it Works
CDEx guides your society through the entire process — from eligibility check to live trading — with dedicated support at every stage. You focus on your cooperative. We handle the capital market structure.
Register your cooperative society at coops.africa/user/register. Our team verifies your cooperative registration, by-laws, audited accounts, and commodity output to confirm you meet the requirements to list a debenture on CDEx.
We work with your management committee to determine the capital amount to raise, the term, the interest rate, and the commodity that will underpin the instrument. A management committee resolution and Registrar approval are required in terms of the Co-operative Societies Act.
The value chain is insured by our insurance partners. The debenture is reviewed by our compliance team and submitted for listing approval on the CDEx exchange. Damrev provides the blockchain-based issuance and trading technology infrastructure.
Your debenture goes live on the exchange. Local and international investors subscribe. Capital is released to your cooperative society to fund production, infrastructure, equipment, or working capital — on your terms, under your cooperative governance.
Eligibility
CDEx is open to registered cooperative societies across Africa — operating under their national cooperative legislation and active in commodity-producing or asset-backed sectors. If your cooperative produces real value, CDEx can help you access real capital.
Register your cooperative society on coops.africa today. Our team will guide you through every step — from your first eligibility check to your first successful debenture raise on CDEx.
Register Your Co-op Now coops.africa/user/register