Kibo Energy subsidiary acquires 4.4MW Rochdale gas power project
16th Aug 2021 10:16
(Sharecast News) - Energy development company Kibo Energy said on Monday that its MAST Energy subsidiary had acquired a third 4.4-megawatt gas-powered standby generation facility.
Read moreKibo Energy records wider losses for 2020
11th Jun 2021 11:57
(Sharecast News) - Africa-focussed Kibo Energy reported a loss after tax of £6.42m in its 2020 results on Friday, widening from the £3.9m loss it recorded in the prior year.
Read moreKibo Energy makes solid progress with Benga project
22nd Dec 2020 09:00
(Sharecast News) - Africa-focussed Kibo Energy updated the market on progress at the Benga Power Plant Project in Mozambique on Tuesday, reporting that the current non-binding term sheet for coal supply from Vale had been converted into a mutually-binding term sheet, to secure coal supply for the project.
Read moreKibo Energy subsidiary acquires 9MW UK gas power project
7th Sep 2020 09:40
(Sharecast News) - Africa-focused energy company Kibo Energy has agreed to acquire a nine-megawatt flexible gas power project in the UK.
Read moreKibo Energy makes progress on Bordersley gas power plant
10th Dec 2019 16:09
(Sharecast News) - Africa-focussed Kibo Energy updated the market on its wholly-owned subsidiary Bordersley Power on Tuesday, which is developing a 5 MW gas-fuelled power generation plant in the UK in cooperation with its 60% owned subsidiary, and manager and operator of Bordersley, MAST Energy Developments (MED).
Read moreKibo Energy makes progress in Botswana reorganisation plans
6th Dec 2019 14:07
(Sharecast News) - Africa-focussed energy company Kibo Energy updated the market on its agreement with Shumba Energy on Friday, that it said "significantly repositions" its interests in Botswana - namely the Mabesekwa Coal Independent Power Project (MCIPP) and associated coal asset.
Read moreKibo Energy makes 'steady progress' across portfolio
24th Sep 2019 09:46
(Sharecast News) - Multi-asset energy firm Kibo Energy has continued to make "steady progress" across its portfolio of advanced power generation and mining projects across Sub-Saharan Africa and the UK.
Read moreKibo Energy granted seven mining licences for coal-to-power project
15th Aug 2019 14:48
(Sharecast News) - Africa-focussed energy company Kibo Energy has been granted seven mining rights for its Mbeya Coal-to-Power Project (MCPP) in Tanzania, it confirmed on Thursday.
Read moreKibo Energy's subsidiary 'moving quickly' on UK plant acquisitions
30th Jan 2019 11:57
(Sharecast News) - Kibo Energy on Wednesday reported that its UK subsidiary is negotiating development agreements at two gas-fired sites which are anticipated to be operational by the end of the first quarter of 2020, while operations in Mozambique are ahead of schedule.
Read moreKibo Energy submits formal tender document in Tanzania
19th Oct 2018 16:01
(Sharecast News) - Multi-asset, Africa focused energy company Kibo Energy has submitted its formal tender qualification document to the Tanzania Electricity Supply Company (TANESCO) for the Mbeya coal -to-power project, it announced on Friday.
Read moreKibo signs MoU to buy 60pc of Mast Energy Developments
15th Aug 2018 10:24
(Sharecast News) - Africa focused energy company Kibo Energy has signed a memorandum of understanding (MoU) for the acquisition of a 60% equity interest in Mast Energy Developments (MED) - a private UK-registered company targeting the development and operation of flexible power plants to service the reserve power generation market - it announced on Wednesday.
Read moreKibo Mining completes work for impact assessment
15th Feb 2017 16:34
(ShareCast News) - Tanzania-focussed mineral exploration and development company Kibo Mining announced on Wednesday that all work for the environmental and social impact assessment had been completed, and that the company was now awaiting certification. Following recent enquiries from shareholders,
Read moreSacking of Tanesco chief does not affect Kibo Mining's coal project
3rd Jan 2017 12:06
(ShareCast News) - Kibo Mining has reassured investors that the sacking of the head of Tanzania's state owned electricity company does not affect the company's Mbeya coal to power project. On Sunday Tanzania's president fired Felschesmi Mramba, managing director of Tanzania Electric Supply Company (
Read moreKibo finalises collaboration with General Electric
21st Nov 2016 09:42
(ShareCast News) - Kibo Mining, a Tanzania-focused mineral exploration and development company, has entered into a collaboration agreement with General Electric International (GE) to help with the development of the Mbeya coal power project. The agreement follows the memorandum of understanding anno
Read moreKibo Mining turns Sanderson debt into equity
1st Sep 2016 11:12
(ShareCast News) - Tanzania-focused mineral exploration and development company Kibo Mining announced on Thursday that it has re-negotiated terms for the payback of a £1.5m loan facility provided by Sanderson Capital Partners in March. Under the existing terms of the Facility, the AIM-traded firm wa
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