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 – 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 […]

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 – 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 […]

Podcast – Alan Green talks to Louis Coetzee, CEO of AIM listed 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, […]

Kibo Energy #KIBO – Placing to Raise a minimum £ 1.5 Million

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 […]

Kibo Energy #KIBO – Seven Mining Rights Granted for Mbeya Coal to Power Project

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 […]