Shumba Energy Limited (SHUMBA.bw) 2020 Annual Report

By Published On: December 7, 2020TYPE: Annual ReportsYear: 2020Period: Country: BotswanaSector: Mining

Shumba Energy Limited (SHUMBA.bw) listed on the Botswana Stock Exchange under the Mining sector has released it’s 2020 annual report.

For more information about Shumba Energy Limited (SHUMBA.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Shumba Energy Limited (SHUMBA.bw) company page on AfricanFinancials.

Document: Shumba Energy Limited (SHUMBA.bw)  2020 annual report.

Company Profile

Shumba Energy is a coal mining and energy development company with extensive interests in advanced energy projects in Botswana, including 4.5 billion tonnes of coal for thermal energy and exports. Shumba Energy is ideally positioned to address the chronic power shortage in the SADC region and aims to supply energy to southern African countries in a sustainable and cost-effective manner. Shumba Energy is involved in major energy projects including: Morupule South Mine Project which produces export-quality coal for local and regional industrial users; Mabesekwa Power Plant which supplies electricity to South Africa; Sechaba Project which supplies electricity to Botswana and other southern African countries; the Solar Energy Project geared to build a scalable solar power plant; and Lethlakeng Underground Coal Gasification Project with a license to explore 1 000 square kilometres for coal resources.