Kibo Energy #KIBO – Corporate Update

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 […]

Kibo Energy #KIBO – Mast Energy Developments & Bordersley Update

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 […]

Kibo Energy #KIBO – Change of Auditors

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 […]

Kibo Energy #KIBO – Letter to Shareholders

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 […]

Kibo Energy #KIBO – Update re Katoro Gold plc

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 […]

Kibo Energy #KIBO – African Union to Roll-Out Continent-Wide Electricity Market Masterplan

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 […]

Kibo Energy #KIBO – Shareholder Q&A Document

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 […]

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

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 […]