December 2023


Alpha Namibia Industries Renewable Power (ANIREP) has raised N$557 million through a rights offer that closed on on Monday in a bid to support the company’s expansion in the renewable energy sector. The company issued 71,403,185 ordinary shares at a price of N$7.90 per rights offer share, with a ratio of 423 rights offer shares for every 100 ordinary shares held as of Friday, 10 November 2023, a

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"ANIREP" Alpha Namibia Industries Renewable Energy Power Limited was established for the purpose of facilitating the investment of long-term capital in infrastructural renewable energy projects in Namibia and Sub-Sahara Africa.