In a landmark development for Africa’s digital asset industry, Africa Bitcoin Corporation (ABC) has officially listed on the Namibia Securities Exchange (NSX) alongside its non-bank lender, Altvest Credit Opportunities Fund (ACOF), on 2 October 2025.
This listing makes ABC Africa’s first publicly traded Bitcoin treasury company, marking a historic step toward bringing regulated Bitcoin investment access to investors across the continent.
Regulated Bitcoin Access for Namibian Investors
Through this listing, Namibian investors can now gain exposure to Bitcoin through a fully compliant, locally regulated investment vehicle by purchasing shares of ABC directly on the NSX.
ABC’s ordinary shares trade under the code “BAN”, while its Class C preference shares (linked to ACOF’s lending performance) trade under “BANC.”
The listing follows a successful investor roadshow in Namibia, during which the ABC executive team met with local regulators and institutional investors to outline the company’s mission and growth roadmap.
Strong Financial Performance and Growth
In its unaudited interim results for the six months ending 31 August 2025, ABC reported a Net Asset Value (NAV) per share of R13.40 — up 17% in six months and more than double its R6.44 NAV from a year ago.
The company also announced two strategic capital raises:
- ABC Equity Raise: Up to 1 million new ordinary shares at R11.00 per share, representing an 18% discount to NAV. Funds will be used to accumulate more Bitcoin in ABC’s treasury.
- ACOF Capital Raise: Around 5.88 million Class C preference shares at R3.40 per share, with proceeds aimed at scaling SME lending and high-impact financial inclusion projects across Africa.
Both raises are open to South African and Namibian investors until 23 October 2025.
See more related: Johannesburg Innovator Aims to Pioneer Africa’s First Corporate Bitcoin Treasury
Strategic Expansion Across Africa and the UK
ABC’s leadership is simultaneously driving growth initiatives across multiple regions.
- Akshay Karan, CA(SA), CAIA, will lead a fact-finding mission in another African country as part of ABC’s continental expansion strategy.
- Warren and Tatum Wheatley will travel to London for the AFSIC – Investing in Africa Conference (14–15 October 2025) to meet with investors, advisors, and regulators.
These efforts underscore ABC’s commitment to building a pan-African and global footprint for regulated Bitcoin and blockchain-based investment opportunities.
Partnership and Acknowledgments
ABC extended its gratitude to its Namibian advisors at Cirrus Securities, led by Madelein Smith and Chastin Bassingthwaighte, for their advisory support and execution throughout the listing process.
Conclusion
The Africa Bitcoin Corporation NSX listing signals a transformative moment for African crypto finance — bridging traditional markets with digital asset innovation.
As ABC and ACOF continue to scale, their combined mission remains clear: to democratize access to Bitcoin, empower African investors, and build a regulated pathway to the continent’s digital economy. For more details, visit:
🔗 ABC Interim Results
🔗 ACOF Interim Results
