Kibo Energy confident it has adapted to Covid-19 as it eyes shift from coal

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Kibo Energy confident it has adapted to Covid-19 as it eyes shift from coal
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The company, which expects no significant further disruption from the pandemic, says vaccinations are helping to normalise operations

Kibo Energy, an Africa-focused power project company that announced a strategic pivot earlier in 2021 towards renewable energy, says Covid-19 has not unduly affected its coal projects, from which it is ultimately looking to unlock value.

The group is listed on the London Stock Exchange’s Alternative Investment Market, with a secondary listing on the JSE’s Alt-X, generates no revenue at present and has coal-fired projects in Tanzania, Botswana and Mozambique. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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