Africa Bitcoin Corporation Set to Expand its Altvest Credit Opportunities Fund to Namibia in 2026
South Africa-based Africa Bitcoin Corporation plans to expand its Altvest Credit Opportunities Fund into Namibia in 2026 as part of a broader African growth strategy.
The company, listed on the Namibian Securities Exchange (NSX), said investor roadshows are already taking place in Namibia and Botswana to raise capital for the fund. They have future plans to expand into the East African markets, focusing on Kenya and Uganda mostly.
Why Namibia?
Africa Bitcoin Corporation believes the expansion captures their interest in alternative investments across southern Africa. However, Namibia’s regulators have maintained a cautious approach toward cryptocurrencies and bitcoin-related investments.
The cryptocurrency company remains committed to its bitcoin accumulation strategy despite market volatility.
“Bitcoin has recovered from every prior extended bear cycle. The companies that maintained discipline and held through the winter have historically been well positioned to participate in what followed. We intend to be among them,” the company said.
Africa Bitcoin Corporation Future Plans!
The company said it plans to use bitcoin holdings as collateral to secure cheaper funding instead of selling assets during weaker market conditions. It is also developing new financial products. These including bitcoin-backed lending for small and medium enterprises. As well as a Bitcoin Yield Generator product.
The company also plans to onboard institutional clients onto its managed credit platform. These products and strategies will diversify revenue streams and reduce reliance on the Altvest Credit Opportunities Fund as its main source of fee income.
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The company recently moved from the AltX to the Main Board of the JSE and is preparing for a proposed listing on the Aquis Growth Exchange. It also repeated its long-term goal of securing a primary listing on a major United States exchange.
Revenues So Far!
Financial results for the year showed total revenue increased to N$8.6 million from N$7.5 million recorded previously. Other operating income rose to N$7.8 million from N$88 035. Profit attributable to ordinary shareholders declined to N$16.8 million from N$47.9 million recorded in the previous financial year.
Basic earnings per share fell to 51 cents from N$1.54, while headline earnings per share declined to 57 cents from N$1.57. Net asset value per ordinary share increased to N$4.30 from N$3.82.
The company did not declare a dividend for the financial year 2025.
