Carbon nanofiber (CNF) / Polypyrrole (Ppy) composite materials were fabricated by two newly invented processes-filtering, washing and drying the mixture of CNF dispersion and Ppy-NMP solution (FWP process) and heating an aqueous solution of CNF (SH process). CNF/Ppy composite materials have never been reported before in any other research papers. Conductivities of the composite films were obtained by using a four-probe method. To compare the conductivity of CNF/Ppy with that of a pure single-walled carbon nanotube (SWNT), SWNT films were also fabricated and voltage was measured. SEM images were taken for both a surface and a cross-section of composite samples fabricated by the two processes. The CNF/Ppy by FWP was a little brittle because of the low solubility of Ppy in the NMP, and on the other hand, the same material by SH became flexible enough. The conductivity of the pure SWNT film was as high as double the similar case. The conductivity of the pure SWNT film was 20.11 S/cm and 0.013 cm thick. The CNF/Ppy composite films with the thicknesses of 0.062 cm and 0.085 cm gave a conductivity of 63.32 S/cm and 40.57 S/cm, respectively, which are higher than that of the pure SWNT film or SWNT/Polyaniline (PANi) film. The good conductivity of CNF/Ppy composites shows the improved potential for developing the materials for a small actuator.