Chamwe Kaira
Africa Bitcoin Corporation (ABC) has officially listed on the Namibia Stock Exchange (NSX), marking another milestone in its expansion across Southern Africa.
ABC chief executive officer Warren Wheatley said the move strengthens the company’s access to capital markets and supports its goal of integrating Bitcoin into Africa’s financial systems as a reserve asset.
The company, already listed in South Africa, is the first publicly listed Bitcoin treasury company on the continent.
“The NSX listing complements our existing JSE platform and provides Namibian investors with the opportunity to participate indirectly in ACOF’s growth story. By doing so, we continue to strengthen our capital base, diversify our investor pool, and reinforce ACOF’s role as a leading Pan-African credit platform,” Wheatley said.
He said the expansion will allow ACOF to direct capital into high-growth regions in East, West, and Southern Africa, driving job creation, economic development, and sustainable returns for investors.
The company continues to build its foundation as a non-bank lender to small and medium enterprises while preparing for its next phase of growth under the Africa Bitcoin Corporation umbrella.
It has adopted a Bitcoin treasury strategy to guide this expansion.
“In line with our restructuring, Altvest Capital Solutions, a wholly-owned subsidiary of ABC, has been appointed as the credit and loan book manager of ACOF. As the appointed credit and loan book manager, Altvest Capital Solutions facilitates the execution of ACOF’s mandate by managing the lending process and ensuring that funding reaches qualifying SMEs. ACOF remains the direct funding partner to these businesses, providing them with access to capital to support growth and sustainability,” Wheatley said.
He added that Altvest Capital Solutions’ role now extends beyond South Africa to other African markets.
“We are exploring partnerships or co-investments in East and West Africa, recognising that many SMEs across Africa face similar funding gaps. ABC’s planned listings in countries like Namibia, Botswana, and Kenya will facilitate raising equity capital for ACOF through the issuance of ABC preferred ordinary C shares in those markets to on-lend in those economies. This expansion aligns with ABC’s mission to unlock African enterprise capital flows by channelling investor funds to where they are most needed for growth,” Wheatley said.
He noted that there are large pools of institutional capital available for cross-border investment strategies.
By expanding across Africa, ABC is better positioned to attract this capital and direct it toward SME development.
Wheatley said by building SME funding solutions across the continent, the company is unlocking capital flows while positioning itself as a bridge between African opportunities and global investors.
