Chamwe Kaira
Africa Bitcoin Corporation Limited, which is listed on the Namibian Securities Exchange (NSX), has announced that its wholly owned subsidiary, Altvest Credit Opportunities Fund Limited (ACOF), has concluded definitive agreements to issue new notes valued at N$100 million.
The private placement was executed under ACOF’s N$5 billion domestic medium-term note programme.
The transaction represents a further drawdown under the programme and forms part of the group’s funding and capital management strategy.
The company said the new notes will be listed on the Cape Town Stock Exchange on 16 February 2026. Subject to the terms and conditions, the notes will mature on 1 December 2033.
Africa Bitcoin Corporation, formerly Altvest Capital Limited, is incorporated in South Africa and is listed on several exchanges, including the JSE, A2X, NSX, the OTCQB in the United States and the Deutsche Börse. The group has ordinary shares and several classes of preference shares.
The company said the successful N$100 million placement reflects continued investor participation in ACOF’s debt instruments under the established programme.
Proceeds raised through the programme are used to support the fund’s lending and investment activities in line with its mandate.
Africa Bitcoin said the transaction shows its continued use of capital markets to support operations and growth while securing access to long-term funding through structured debt issuances.
Africa Bitcoin Corporation is Africa’s first listed Bitcoin treasury company and was listed on the NSX last year.
The listing forms part of the group’s multi-exchange strategy to expand access to regulated Bitcoin exposure across Africa and globally.
With a primary listing on the JSE AltX and a secondary listing on A2X, the NSX listing expanded access for investors in the region.
At the time of the NSX listing, the company said the move would give Namibians access to Bitcoin while also providing capital solutions to small and medium enterprises through ACOF.
Chief executive officer Warren Wheatley said investors then had two options. He said investors could “participate in Africa’s first Bitcoin treasury vehicle” while also supporting “SME-driven growth through ACOF.”
Caption
Altvest Credit Opportunities Fund Limited has concluded agreements to issue new notes valued at N$100 million.
- Photo: Contributed
