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Kibo Energy Enters into Agreement for Sale of its Coal Interest in Botswana Coal-Based Power Project (“the Project”) Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company, is pleased to announce that pursuant to the Company’s declared strategy to divest of all its coal assets, Kibo has entered into a definitive share sale agreement (“the Agreement”) with Shumba Energy (Pty) Ltd (‘Shumba’) for the sale of the Company’s remaining 35% equity holding in Kibo Energy Botswana Pty (Ltd) (“Kibo Energy Botswana”) in which Kibo held its interest in the coal resources associated with the Project

Pemba northSouth africaDamon heathJames biddleRoland cornishLouis coetzeeBotswana stock exchangeShumba energy ptyBotswana pty ltd kibo energyZainab slemang lifa communications investorRiver groupLouis coetzee kibo energyLtd shumbaBeaumont cornish limited nominated adviserKibo energy botswanaShard capital partners