Africa Clean Energy Solutions Limited announced that shareholders of the company and the general public are hereby informed that Andrew Cox has been appointed as the new Executive Director and Chief Executive Officer of the company, with effect from 1 September 2022. Andrew Cox's primary short-term responsibility is to raise further equity capital for the Group that will be needed to fund the increased business opportunities. Andrew Cox is a Chartered Accountant by profession, and has over 30 years' diverse experience in business.

He was previously involved in companies such as Coopers & Lybrand, Panasonic, Investec and Growthpoint, and was a shareholder and the Chief Executive Officer of Oilstar (Pty) Ltd. Dave Kruger, will assume the role of Chief Operating Officer of the Group, which will allow him to concentrate on concluding the increased business demand. The change shall also be effective as from 1 September 2022.