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Agreement to Co-develop Renewable Energy Projects in South Africa Kibo Energy PLC, the multi-asset, African focused energy company, announced on the 16th June 2021 - that it has entered into an agreement with South Africa-based Industrial Green Solutions (Pty) Ltd (‘IGES’) ( https://www.industrialgreenenergy.com/ ) to jointly develop a portfolio of Waste to Energy projects in South Africa (‘the Agreement’) with an initial target of generating more than 50 megawatts of electricity for sale to industrial users. The Agreement, which is subject to the satisfaction of certain conditions, is in line with Kibo’s strategy to integrate renewable energy into its project pipeline, which includes three utility-scale power generation and mining projects. Louis Coetzee, CEO of KIBO said: “This opportunity to enter the South African waste to energy market in strategic partnership with Lesedi and IGES, is a win – win for all parties. For Kibo, today’s Agreement is in line with our strategy to integrate sustainable envi