KIBO ENERGY PUBLIC LIMITED (INCORPORATED IN IRELAND)

KIBO ENERGY PUBLIC LIMITED (INCORPORATED IN IRELAND) Organogram

Kibo Energy Public Limited (Incorporated in Ireland) is the holding company for a group with interests in the acquisition, exploration and development of coal, gold, and other mineral resources predominantly in Tanzania.\r\n\r\nCurrent projects include:\r\n• Benga project - Kibo holds an 65% interest in Mozambique, pure energy project with the intention to develop about 150-300 Mega Watt coal-fired power project with feedstock provided by regional coal producers.\r\n• Mabesekwa project - Kibo holds an 85% interest in Botswana, projected co-located coal mine with up to 600 Mega Watt coal fired power plant.\r\n• Mbeya - Kibo holds a 100% interest in Tanzania, a co-located coal mine and a 300 Mega Watt coal fed thermal power plant.\r\n• Mast Energy projects - Kibo hold a 60% interest in United Kingdom, developing small-scale gas-fired electricity generating plants to service the developing UK Reserve Power market.