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ALLIANCE FOR THE ADVANCEMENT OF BLACK PEOPLE
Our World in Our Hand

Welcome

If a group of people waits for someone else or another moment, they will never bring about economic change. We cannot wait for anyone other than ourselves as black people. We are the ones for whom we have waited. The change we seek begins with us. In order to attain economic independence, we must stand up. Laying a solid economic basis, starting to properly cultivate group savings and investments, pooling resources, and making use of their human and intellectual resources to create wealth are all things that have helped communities become self-reliant.

About

The Alliance for the Advancement of Black People (AABP), is a nationwide non-profit organization established in 2023. AABP goals are to educate, raise awareness, empower and support black people to create wealth and attain economic independence. We design and offer education programs, facilitate and create platforms for collective saving and investment. We understand the need for economic independence, progress and ending poverty.

The long-term goal is to foster accumulation and ownership of commercial assets and wealth for the black community as well as within it, and to act as a catalyst for wealth building and progress in the black community. We give the black community access to information, resources, and venues for wealth-building in order to fulfil our purpose.

Anyone who supports and wants to be a member of AABP must believe in the development of black people's wealth and economic freedom. Our objective is to develop a new black economic system that promotes black progress by utilizing the material, human, and intellectual capabilities of black people.

Our Values

• Integrity • Transparency • Honesty • Respect • Team work

Our Mission

The mission of AABP is to advance the economic independence of black communities.

Why we Exist?

“History shows that it does not matter who is in power or what revolutionary forces take over the government, those who have not learned to do for themselves and have to depend solely on others never obtain any more rights or privileges in the end than they had in the beginning.”
Dr. Carter G. Woodson

Almost 300 years of colonialism and apartheid in South Africa came to an end in 1994 when black South Africans gained their freedom. However, the economic position of black people has not significantly changed. White people continue to dominate the economy and to deprive millions of black people access and ownership of economic resources. Millions of black people continue to be denied access to and control of economic resources by white people, who continue to dominate the economy. Black people economic advancement is constantly thwarted. During the 30 years of post-democracy, the wealth disparity between blacks and whites has grown. With black people at the bottom of the economic scale, South Africa has become the most unequal society. Black people continue to face an economic system designed to ensure their failure.

At AABP, we believe that via self-reliance economic activities, the 49 million black people in South Africa have the ability to create a black-owned economic system that enables them to amass riches and transform their economic status. To do this, black people must develop the tools necessary to realize their full potential.

The AABP concentrates on the areas where the black community is strongest and develops a long-term strategy for black economic empowerment that will change the course of history. Everyone who is black is a part of the solution. We are in charge of our destiny. AABP has created Jabula Ekhaya Group and Jabula Ekhaya Savings and Investment Club as vehicles to foster black people economic progress. These two companies serve as avenues for black people to pool their resources, collectively save and invest, and build wealth.

Our Economic Model

We must be honest and acknowledge that the current economic structure of South Africa continues to widen the gap between excess wealth and extreme poverty. The AABP seeks to change this by advocating for an economic system based on inclusion. The AABP uses a collective economics model to create wealth among black people as a whole rather than among individuals. This model includes, collective economics of savings and investing, resource pooling and collective buying power and recycling financial resources in the black community.

The fact that our economic model is completely sustainable with black capital is perhaps the most important aspect. Our membership contributions cover the entire cost of our projects and operations. More importantly, all black South Africans can afford our savings plans. They are less expensive than a DSTV subscription. Every black child, adult, entrepreneur, black-owned business, church, community organization, workers' union, stokvel, social club, and so on began saving 28 rand per month for 36 months into Jabula Ekhaya Savings and Investment Club, we would generate billions of rands that we can invest in programs and cash generating commercial activities that creates wealth, end poverty and allows us to accumulate assets.

Our Programmes

The Alliance for the Advancement of Black People has developed a comprehensive economic and community development agenda for black people and black communities across the country that is based on education and awareness raising, collective savings and investment, resource pooling, and mobilization of black professionals to contribute their time and skills to black progress. The AABP's programs and initiatives are intended to improve the lives of black people.

• Financial Literacy Education
First and foremost, we seek to conduct financial literacy education programs Financial education is the foundation of financial independence. We will continue to struggle financially without it. Knowing more demonstrates a dedication to financial education. We can't act on what we don't know, and not knowing is killing us. The key to achieving our own financial breakthroughs is financial education. Gaining more knowledge is the first great investment we can make, and it doesn't have to cost a lot of money. Investing in ourselves to educate ourselves, develop skills, and never be locked out again due to a lack of financial education. AABP place a premium on learning and development so that black people do not miss out on great economic booms or new opportunities for wealth creation. Consider a world in which black people have the ability to become financially educated. What would occur? Black South Africans would not only know more, but they would also begin to own more and invest in the future generation.
• Wise Spending Education and Campaign
Knowing more will help us shift our mindset away from spending our money on things that will not help us build wealth. Our understanding of ourselves, others, and the passage of time should compel us to be more frugal in our spending. Unnecessary spending on alcohol, cigarettes, expensive cars, clothes, and other items has done more to lead us astray than anything else. AABP seeks to teach black people about wise spending and to stop wasting billions of rands on alcohol and cigarettes. Consider how much money we save if we stop buying alcohol or cigarettes for a month. Imagine what we can accomplish with money?
• Savings
To build wealth, we must first be wealth creators. This necessitates saving. Saving one rand a day could have a significant impact on our future. Everyone can save 7 Rand per week as an investment in their future, whether they are in school, unemployed, receiving a grant, working, owning a business, attending church, belonging to a worker’s union, a business organization, a non-governmental organization, and so on. It would be easy. We can use the collective power of our rands to create a better future for ourselves. With 1 rand per day, 7 rand per week, and 28 rand per month and 336 a year multiplied by 30 million black people, we'd have 10 billion in a year and 30 billion after three years. AABP seeks to educate and promote the culture of saving amongst black people. We have created a platform to allow our people to save and invest together.
• Invest/Own More
We can seek to own more once we know more and start saving. Having more means amassing significant wealth. In other words, we won't be able to accumulate more of the right kinds of assets unless we become financially educated and start saving. By taking charge of our financial education and saving, we can improve not only our own but also the lives of our families. Owning more is embracing the mindset of our forefathers, who fought colonialism and apartheid with one goal in mind: "to own their own land." AABP to educate and promote the culture of investing amongst black people. As a people we need to invest in land, property, business, entrepreneurship, build companies that we can list in the Stock Exchange. We need to invest in commercial solutions that solve the major problems of health, education, housing, hunger, unemployment and access to affordable goods and services. and skills. and skills. More wealth is created by investing in commercial and cash generating assets. We need to own more companies in the stock exchange. We need to own more businesses as black people. Everything revolves around ownership. Ownership is synonymous with liberty. Life is about ownership. Ownership is the way of the future.
• Growing Black owned businesses
We need to be more deliberate in our support for and investment in black-owned businesses. Money culture encourages black ownership in all forms. We can put our money where black business owners have taken risks. Creating a supportive environment for black-owned businesses particularly in broad-based businesses, are critical means of accumulating wealth. Healthy black-owned businesses could be critical to the development of a black economy. AABP will be running a campaign “Buy Black and Build Black” to promote black owned businesses.
• Building Black Owned Financial Institutions
We must create black-owned financial institutions because they are the foundations of wealth creation. Why do we invest in banks and other financial institutions that do not benefit our community? How many good ideas are buried in graves because banks refused to fund their generators? How many communities have land and mineral resources but are unable to use them productively due to a lack of capital? How many bright young people with brilliant business ideas are languishing on the streets of our townships and rural areas because they are deemed high-risk by banks? How many small and medium-sized black-owned businesses have failed or are stagnant as a result of a lack of capital? AABP with its partners will be working towards establishing black owned financial institutions to build and support the black owned economy.
• Legacy Wealth
As we accumulate wealth and assets, we must plan to leave future generations a life free of poverty. We can't give away what we don't own. Passing down debt and rent payments is not the same as passing down real estate for them to collect rents, cash-generating assets, and wealth. This program is aimed at ensuring that black people build generational wealth to ensure that never and never again shall we bequeath to our posterity poverty.
• Mobilizing Black Professionals
The success of the black owned economic system requires all hands-on deck. We recognize that in order to create, we must harness the power of black professionals. We will mobilize black professionals to volunteer their time and skills as mentors, advisors, coaches, and professional service providers.
• Creating a Culture of Excellence
AABP aspires to create a long-lasting culture of excellence throughout the black community. We want to teach our people how to maximize their potential, pursue hypergrowth, build effective black communities, and effect long-term change. The key to shifting our communities from the status quo to an expectation of excellence is the culture of your community. When we create an exceptional culture, we create capacity and a structure that empowers, focuses, and engages people. The community culture will lay a solid foundation for us to achieve our wealth creation goal. We will develop programs to teach our employees the following key characteristics of an excellence culture: purpose and meaning, high performance focus, clear vision, acceptance of change, challenges and growth, and a pioneer mentality.
• Building Sustainable black communities
Black communities have repeatedly demonstrated strength, resilience, and a commitment to caring for one another in the face of disaster. Through education, organizing, and economics, AABP seeks to nurture this spirit and work to positively influence and mobilize youth and young adults in order to achieve sustainable and equitable black communities. We envision a future in which Black communities are self-determined, recognize their ability to effect change, and take actions that result in social and cultural transformation.
No black family should go to bed hungry; no black child should lack education or perform poorly; no black person should use drugs; and no black person should be homeless or unemployed. Crime should not have an impact on any black community. Nobody should be denied access to high-quality health care because they are black. We want to mobilize our people's financial, human, and intellectual resources to create sustainable communities with food, quality schools, health care services, housing, jobs, and safety, as well as other programs that build strong communities and safety for all.

Leadership

The primary goal of AABP is to establish a new economic system. This necessitates abandoning the toxic recipe of tokenism and short-termism in favor of a longer-term goal that instead lays the groundwork for a world based on prosperity rather than perpetual profit for a shrinking elite. But we can only do this if we have a fearless leadership team that has a common goal, is capable of reaching its full potential, has the necessary skills to effect change, and is focused on growth, forward momentum, and action.

We need resolute leaders who are parodies of fearlessness, because the mark of a true leader is to do the opposite because you should, not because you can. A fearless leader recognizes their humanity and confronts their own fears, diving in and experiencing them until they are nearly overwhelmed and crushed by them, only to emerge stronger and more determined.

What we've set out to do will require a fearless leader to complete. We must recognize that the systems we have in place are the enemy, not the people. These are systems that are hardwired to maintain disparities and exacerbate inequality. The leaders we need will drive our program for black people's economic independence, education, access to health care, quality housing, jobs.

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