Kibo, Sepco III still discussing finalisation of SDA for Mbeya project

Dual-listed Kibo Energy on Wednesday said a final decision regarding a strategic development agreement (SDA) with China-based Sepco III at the Mbeya coal-to-power project (MCPP), in Tanzania, has not been made and that discussions are ongoing. As previously reported by Mining Weekly Online, Kibo in July 2018 signed an SDA with Sepco III to work toward enhancing Kibo’s strategy and the development of its portfolio of energy projects.