Kibo Energy (KIBO) Unaudited Interim results as at 30 June 2019 September 27, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce its unaudited interim results for the 6 month period ended 30 June 2019. Highlights Strong progress advancing diverse portfolio of major power generation and mining projects in Sub-Saharan Africa and the UK Engagement Letter signed with Wimmer Financial to advise Kibo on and manage all aspects related to the structuring and provision of a project finance corporate credit line facility of up to USD 900 million Collaboration Agreement signed with US energy storage company, ESS,…

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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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