Co-op Pay SACCO, registered in Zimbabwe under the Co-operatives Act [Chapter 24:05] (Certificate No. 9493), is issuing 1,700,000 bearer debentures at US$1 each. These non-convertible debentures carry a 24% coupon, paid quarterly, and are redeemable after 5 years. The funds will be used to acquire a Retail Payments Systems Provider Licence from the Reserve Bank of Zimbabwe, including the US$1 million minimum capital requirement, and an Authorised Dealer in Foreign Exchange (ADLA) licence to facilitate remittances from South Africa to Zimbabwe. Proceeds will also expand Co-op Pay’s manager network across SACCOs nationwide and support transaction processing on the coops.africa Co-op Store https://login.coops.africa/pages/pay

Pharmaceutical Co-op Society, formed by graduates in Chemical Engineering, Pharmacy, and related sciences, is issuing 5,000,000 Co-op Debentures at US$1 each to raise US$5 million for the rollout of a national pharmaceutical distribution and retail pharmacy network across Zimbabwe, with regional expansion planned in Zambia and Mozambique. The debenture offers a 20% annual coupon, paid quarterly, over 5 years with redemption at maturity. Proceeds will fund distribution hubs, Pharmco-owned pharmacies, and working capital to ensure consistent supply of essential medicines. With Zimbabwe’s medicine availability at just ~50% and unemployment at 21.8%, Pharmco presents a double bottom line investment: strong returns for investors while creating over 350 graduate jobs and reducing drug stock-outs by 25 percentage points. This is a chance to profit while transforming healthcare access and employment in Zimbabwe. https://login.coops.africa/groups/pharmacosociety