01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

Kibo Energy #KIBO – Secures £1 Million Funding Facility June 25, 2020 – Posted in: Kibo Energy (KIBO), Uncategorized

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to provide a corporate and operational update and to announce that it has signed a binding term sheet with an investment consortium consisting of several high net worth entities and individuals, including two of the Company’s largest shareholders, for up to £1,000,000. OVERVIEW · £1 million term sheet signed to continue development of diverse energy project portfolio comprising 1255 MW generation capacity approaching commercialisation…

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Kibo Energy #KIBO – Letter to Shareholders April 8, 2020 – Posted in: Kibo Energy (KIBO)

Dear Shareholder, As mentioned in the RNS dated 24 March, we continue to work with all our stakeholders, albeit remotely, during this unprecedented time to advance our portfolio of assets.  However, the global fight against COVID-19 is undoubtably creating a changing landscape and the lasting implications of this are as yet unknown. Certainly, the need to achieve universal electricity access has not changed and is essential; it is arguably more critical now than ever before…

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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…

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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,…

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Podcast – Alan Green talks to Louis Coetzee, CEO of AIM listed Kibo Energy (KIBO) October 11, 2019 – Posted in: Kibo Energy (KIBO)

Alan Green talks to Louis Coetzee, CEO of AIM listed Kibo Energy (KIBO). Louis discusses yesterday’s £1.5m fundraising, and explains how the funds will be used to further Kibo’s energy projects in Africa, and also the likely timelines for first revenues from the projects. Louis talks about the strong, cross board participation in the fundraising, and the stronng support shown from existing shareholders. Finally there are some key takeaway points for investors to consider.

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Kibo Energy #KIBO – Placing to Raise a minimum £ 1.5 Million October 9, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce that it will be seeking to raise a minimum of GBP1,500,000 (the ‘Placing’), of which GBP1,000,000 (the ‘Underwritten Placing’) is fully underwritten by TS Capital Limited (‘Underwriter’) on behalf of TS Capital Clients, at a price of 0.45 pence per share. The proceeds from the Placing will be utilized primarily to further develop the Company’s diverse energy portfolio, on which a status…

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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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