Kibo Energy PLC

Report Publication Announcement • Oct 6, 2020

National Storage Mechanism | Additional information

RNS Number : 2228B

Kibo Energy PLC

06 October 2020

Kibo Energy PLC (Incorporated in Ireland)

(Registration Number: 451931)

(External registration number: 2011/007371/10)

Share code on the JSE Limited: KBO

Share code on the AIM: KIBO

ISIN: IE00B97C0C31

("Kibo" or "the Company")

Dated:  06 October 2020

Kibo Energy PLC ('Kibo' or the 'Company')

Investor Webinar

Kibo Energy PLC, the multi asset, Africa focused, energy company, is pleased to announce it will be hosting an investor webinar via its broker, Monecor UK Ltd, trading as ETX Capital, on Wednesday 14th October 2020 at 17:00.

Investors can register to attend using the link below:

https://www.etxcapital.com/en-gb/education/webinars/detail/kibo-energy-investor-presentation

**ENDS**

For further information please visit www.kibo.energy or contact:

Louis Coetzee	info@kibo.energy	Kibo Energy PLC	Chief Executive Officer
Andreas Lianos	+27 (0) 83 4408365	River Group	Corporate and Designated Adviser on JSE
Thomas Smith	+44 (0) 20 7392 1494	ETX Capital Limited	Broker
Bhavesh Patel / Stephen Allen	+44 20 3440 6800	RFC Ambrian Limited	NOMAD on AIM
Charlotte Page / Beth Melluish	+44 (0) 20 7236 1177	St Brides Partners Ltd	Investor and Media Relations Adviser

Notes

Kibo Energy PLC is a multi-asset, Africa focused, energy company positioned to address the acute power deficit, which is one of the primary impediments to economic development in Sub-Saharan Africa. To this end, it is the Company's objective to become a leading independent power producer in the region.

Kibo is simultaneously developing three similar coal-fuelled power projects: the Mbeya Coal to Power Project ('MCPP') in Tanzania; the Mabesekwa Coal Independent Power Project ('MCIPP') in Botswana; and the Benga Independent Power Project ('BIPP') in Mozambique.  By developing these projects in parallel, the Company intends to leverage considerable economies of scale and timing in respect of strategic partnerships, procurement, equipment, human capital, execution capability/capacity and project finance.

Additionally, the Company has a 60% interest in 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.

Johannesburg

06 October 2020

Corporate and Designated Adviser

River Group

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