The Board of Directors of Shumba Energy Ltd (the “Company” or “Shumba”) is pleased to announce that further to the Expression of Interest (“EOI”) made to the Botswana Power Corporation (“BPC”), in relation to tender no. 2172/17 Joint Venture for a solar hybrid rural network project in Botswana, the Company and its partners have been shortlisted by the BPC for a second prequalification stage. DLO Energy Resources Project Development (Pty) Ltd (“DLO”) and the Company, acting as project sponsors (“Sponsors”) together with their technical partner, Juwi Renewable Energies (Pty) Ltd (“Juwi”) responded to the EOI.

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