Kibo Energy #KIBO – Secures £1 Million Funding Facility
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 · […]
Kibo Energy #KIBO – Binding Term Sheet to Supply 200MW Energy to Baobab Resources in Mozambique
Kibo Energy PLC (‘Kibo’ or the ‘Company’), the multi-asset, Africa focused, energy company is pleased to announce that it has signed a binding term sheet (the ‘Agreement’) with Baobab Resources Ltd (‘Baobab’) to supply c. 200MW energy to its Tete Steel and Vanadium Project (‘TSV Project’) in Mozambique. Highlights · Baobab to exclusively deal and […]
Kibo Energy #KIBO – Increase of Land Title Area and New MoU signed at Benga Power Plant Project
Kibo Energy PLC (‘Kibo’ or the ‘Company’), the multi-asset, Africa focused, energy company is pleased to announce that it has successfully acquired additional land contiguous to the Benga Power Plant Project (‘Benga’ or ‘the Project’) in the Tete province of Mozambique, increasing the total project area with an additional 345 hectares. Alongside hosting a 150-300MW […]
Kibo Energy #KIBO – Letter to Shareholders
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 […]