Kibo Energy #KIBO – Corporate Update March 24, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, announces a corporate update in response to the COVID-19 pandemic (‘the pandemic’). Kibo places the safety and wellbeing of its employees and contractors as the highest priority. Accordingly, in response to the outbreak of the pandemic, which it has been monitoring closely, a business continuity programme has been put in place to protect employees while ensuring the safe operation of the Company. This has resulted in…

Kibo Energy #KIBO – Mast Energy Developments & Bordersley Update March 17, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to provide an update on its subsidiaries, Bordersley Power Ltd (‘Bordersley’) and Mast Energy Developments Ltd (“MED”). The Bordersley 5 MW gas-fuelled power generation plant in the UK is currently being developed for Kibo by the Company’s 60% owned subsidiary, manager and operator of Bordersley, MED. Overview In light of the recent coronavirus outbreak, MED’s joint development partner, AB Impianti S.R.L (‘AB’), who are…

Kibo Energy #KIBO – Change of Auditors March 4, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, announces that it has appointed Crowe Ireland as its new statutory external auditors of the Company with immediate effect. Crowe Ireland is replacing Crowe UK LLP (“Crowe UK”) who has served as company auditors since 2018. Crowe Ireland and Crowe UK are both member firms of the Crowe International network of firms. Crowe UK resigned as the statutory external auditor of the Company following the exit of…

Alan Green talks Lloyds Banking #LLOY profits, plus Tertiary Minerals #TYM & Kibo Energy #KIBO on the UK Investor Magazine podcast February 20, 2020 – Posted in: Uncategorized

Alan Green discusses Lloyds Banking #LLOY profits, plus Tertiary Minerals #TYM & Kibo Energy #KIBO with Jonathan Roy on the UK Investor Magazine podcast.

Kibo Energy #KIBO – Letter to Shareholders February 4, 2020 – Posted in: Kibo Energy (KIBO)

Letter to Shareholders Dear Shareholder, Since 2018, we have worked hard to reposition the business as an energy company and to this end we have built a solid portfolio of four major projects. However, as this portfolio has evolved and new technologies have advanced, so too has our strategy. I have touched on this several times in past correspondence, but increasingly, we have recognised the importance of sustainability to create positive environmental and social impacts. …

Kibo Energy #KIBO – Update re Katoro Gold plc January 30, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to note the announcement released by Katoro Gold plc (‘Katoro’) in which it holds a 54.58% interest. This is in regard to Katoro’s participation in a strategic gold production opportunity in South Africa, focused on the reprocessing of an existing 1.34 million ounce of gold JORC compliant tailings resource. The full announcement can be found at Katoro’s website: https://katorogold.com/investors/regulatory-news/. **ENDS** For further information please visit www.kibo.energy or…

Kibo Energy #KIBO – African Union to Roll-Out Continent-Wide Electricity Market Masterplan December 23, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Tanzania focused energy and resource company, notes recent press comment confirming that the African Union is to roll-out a continent-wide electricity market masterplan (‘the Masterplan’). See below extracts from the commentary. The African Development Bank (‘the Bank’) and the African Union Development Agency (‘AUDA-NEPAD’) have agreed to jointly develop a blueprint for a pan-continental electricity network and market. The agreement to set up a Continental Power…

Kibo Energy #KIBO – Shareholder Q&A Document December 18, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to release this Q&A to publicly answer questions it has received from shareholders over recent months. Can you provide an overview of Kibo’s strategy? The rationale behind Kibo’s strategy is that 620 million people in Sub-Saharan Africa currently rely on firewood, kerosene and charcoal for energy needs with the associated adverse environmental impact of using these fuel sources. With this in mind,…

Alan Green talks Cadence Minerals #KDNC, Open Orphan #ORPH, Bidstack #BIDS and Kibo Energy #KIBO on the Vox Markets podcast December 13, 2019 – Posted in: Kibo Energy (KIBO), Open Orphan (ORPH)

I discuss the investment proposition for Cadence Minerals #KDNC, Open Orphan #ORPH following the hVIVO #HVO all share merger, Bidstack #BIDS and Kibo Energy #KIBO. The interview is 21 minutes in.

Kibo Energy #KIBO – MAST Energy Developments agreement with Balance Power Projects to build pipeline of reserve power plant sites – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce an update on its 60% owned subsidiary, MAST Energy Developments Limited (‘MED’), a private UK registered company targeting the development and operation of flexible power plants to service the UK reserve power generation market. Overview · Agreement with Balance Power Projects Development Ltd to build pipeline of shovel ready reserve power plant sites · MED on track to roll-out an initial portfolio of 100…