Kibo Mining - Update on Morogoro and Mbeya projects
KIBO
Wed, 10 Jun 2015, 15:25 BST
Kibo Energy PLC is a multi-asset, Africa – focused energy company positioned to address the acute power deficit that currently significantly impedes economic growth in Sub-Saharan Africa.
Kibo is developing three thermal power projects: the Mbeya Coal to Power Project in Tanzania; the Mabesekwa Coal Independent Power Project in Botswana; and the Benga Independent Power Project in Mozambique. By developing these projects in parallel the Company intends to leverage considerable economies of scale and timing as well as utilising its existing stakeholder relationships – technical, financial and governmental – to efficiently expedite project development.
Industry: Basic Materials
Contact: +35391865367
Galway The Sirius Centre, Northpoint, Tuam Road,uk
http://kibo.energy
Louis Coetzee, CEO, gives an update on the work commencing at the Morogora Gold Project and the confirmation that the board of directors of SEPCO III have now approved the JDA recently signed between Kibo and SEPCO III.
