NSX listed ABC’s credit fund expands SME lending
Africa Bitcoin Corporation says its wholly owned subsidiary, Altvest Credit Opportunities Fund Limited (ACOF), continued to expand its lending to small and medium enterprises (SMEs) during the quarter ended 31 May 2026, with total credit exposure increasing to N$363 million from N$267 million at the end of February.
CHAMWE KAIRA
Africa Bitcoin Corporation says its wholly owned subsidiary, Altvest Credit Opportunities Fund Limited (ACOF), continued to expand its lending to small and medium enterprises (SMEs) during the quarter ended 31 May 2026, with total credit exposure increasing to N$363 million from N$267 million at the end of February.
The proposed listing forms part of the group’s strategy to broaden access to international capital and complement its existing listings on the JSE, A2X, the Namibia Securities Exchange, the OTCQB Venture Market in the United States and the Frankfurt Stock Exchange.
According to the company’s latest loan book performance update, ACOF’s assets under management increased to N$512 million from N$502 million over the quarter, while total loan deployments rose to N$491 million from N$395 million.
