Shumba Energy

According to the Africa Investment Index 2018 by Quantum Global Research Lab, Botswana is one of the top four most attractive economies for investments flowing into the African continent.
See detailed fact sheet below.http://shumbaenergy.com/wp-content/uploads/2019/06/Botswana_A-Safe-Haven-For-Growth-Investors-In-Africa.pdf

shumbaenergy.com

Our Managing Director, Mashale Phumaphi will be speaking at the upcoming Africa Energy Indaba Conference on 3-4 March 2020 in Cape Town, where he will share his insights on democratisation, building energy businesses and access to energy for all.

"As reported in the previous quarter Shumba signed a heads of agreement with Kibo Energy PLC to reposition and strategically leverage the Mabesekwa project. Under the agreement, the parties will jointly manage and oversee the development of a bespoke 300MW power station which will power a PetroChemical plant to provide Botswana and Southern Africa with liquid fuels."
Read more here:
https://www.thegazette.news/business-2/shumba-targets-sadc-with-power-supply/29985/ #.XkaRvCgzZPY

SHUMBA TARGETS SADC WITH POWER SUPPLY Shumba Energy has in recent years progressed from an exploration company to a development company and sits on over 4.5 billion tons of thermal coal. As a major industry player, ...

"The 3000MW base-load required on an emergency basis, that is within the next three to five years, can be met by projects backed by the governments of Namibia, Lesotho and Botswana, subject to South Africa issuing power purchase agreements (PPA)."
Read more here:
https://www.iol.co.za/business-report/opinion/opinion-load-shedding-was-avoidable-with-regional-input-40676133
Eskom, Rotek and Roshcon

OPINION: Load shedding was avoidable with regional input | IOL Business Report South Africa and indeed the region could have avoided the debilitating power cuts it has experienced since December 2007.