Kibo Energy (KIBO) Reorganization of the Mabesekwa Coal Independent Power Project Arrangements (“MCIPP”) September 25, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce that is has signed a binding Heads of Agreement (‘the Agreement’) with Shumba Energy Ltd (‘Shumba’) and various subsidiaries of each party (‘the Parties’) to reorganise the arrangements for  the MCIPP and its associated coal asset in Botswana. Kibo and Shumba hold 85% and 15% interests respectively in Kibo Energy Botswana (Pty) Ltd (“KEB”), the company currently holding the MCIPP which consists…

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Kibo Energy #KIBO – Seven Mining Rights Granted for Mbeya Coal to Power Project August 16, 2019 – Posted in: Blog, Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce that it has been granted seven Mining Rights for its Mbeya Coal to Power Project (‘MCPP’) in Tanzania, further to the announcement dated 9 July 2019. The Company continues to advance the MCPP in Tanzania, one of its four international power projects, which the board believes represents an exciting opportunity. Accordingly, the application process for seven Mining Licences covering the original Special Mining Licence (‘SML’) application area has been…

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