Article I: Name and Purpose

Name: The name of the organization shall be African Power Investment, hereinafter referred to as the "Company."

Purpose: The purpose of the Company is to pool funds from investors for the purpose of investing in securities, including but not limited to common stocks, preferred stocks, US Treasury bonds, and municipal bonds, traded on the New York Stock Exchange market.

Article II: Investor Eligibility

Eligibility: Any individual residing within or outside the United States is eligible to become an investor in the Company. Special tax rules apply to investors residing outside the US.

Investment Units: The Company offers investment units in the form of stocks, which are sold in increments of $500 each. Investors may purchase any number of stocks according to their preference.

Article III: Dividend Distribution

Dividends: The Company shall distribute dividends to investors on a weekly basis. Dividends shall be calculated based on a quota per share, multiplied by the number of shares held by the investor.

Article IV: Investor Withdrawals

Withdrawals: Investors are entitled to withdraw their dividends at any time. Additionally, investors have the option to convert their dividends into new shares.

Withdrawals Tax: In the event an investor chooses to withdraw their investment, a tax of 10% shall be applied, as required by applicable law. For individuals not residing in the United States, a 30% tax shall be applied.

Annual Tax Deduction: Investors residing outside the United States are subject to a yearly tax deduction of 30% of their benefits, in accordance with US tax laws.

Article V: Investor Protection

Insurance Coverage: The Company shall obtain appropriate business insurance coverage to safeguard its activities and provide protection to investors in the case of unforeseen situations, including but not limited to bankruptcy or death.

Article VI: Amendments

Amendments: These bylaws may be amended by a majority vote of the Board of Directors, provided that notice of the proposed amendment is given to all investors at least thirty (30) days prior to the vote.

Article VII: Governing Law

Governing Law: These bylaws shall be governed by and construed in accordance with the laws of the state in which the Company is incorporated.

Article VIII: Effective Date

Effective Date: These bylaws shall take effect immediately upon adoption by the Board of Directors.

Article IX: Severability

Severability: In the event that any provision of these bylaws is determined to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.