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Kibo to hold formal negotiations with potential MCPP investors

Aim- and AltX-listed Kibo Mining will, in the coming weeks, hold formal negotiations with infrastructure investors that have expressed an interest in making an equity investment in the Mbeya coal-to-power project (MCPP), in Tanzania. Kibo, which is headed up by CEO Louis Coetzee, expects to work towards the finalisation of a comprehensive funding arrangement for the MCPP in the weeks ahead.