The former Reading player, who joined the Whites following a successful trial last summer, will remain at the club until June 2015.
"Abs has done very well for us this season," Rovers boss Ronnie Moore told the club's website. "He's an exciting player and one who is capable of winning matches for us.
"When he's on top of his game he's a nightmare for defenders and he's given quite a few full-backs headaches this season.
"He's got a great attitude and has fitted in well with the rest of the squad and I'm delighted he'll be here for the next two seasons."