IN BRIEF: Kibo Energy names new business development executive

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Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Appoints Peter Oldacre as the new group business development executive. Oldacre is an experienced renewable energy and energy-storage project developer, Kibo says. ‘The appointment of Mr Oldacre further demonstrates Kibo’s commitment to deliver a portfolio of operational revenue-generating projects within the next 18 to 24 months as previously announced,’ Kibo Chief Executive Louis Coetzee says.

Current stock price in Johannesburg: R 0.04, unchanged on Friday

12-month change: down 33%

Stock price close in London: 0.11 pence

12-month change: down 36%

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