KEFI Gold and Copper Advances Tulu Kapi Project with AFC Membership Ratification

KEFI Minerals ( (GB:KEFI) ) has shared an announcement.

KEFI Gold and Copper plc announced that the Ethiopian Parliament has ratified Ethiopian Country Membership for Africa Finance Corporation (AFC), a key co-lender for the Tulu Kapi Gold Project. This ratification fulfills a critical condition for AFC’s participation in the project financing, allowing KEFI to proceed with the remaining steps of the project launch as planned with the Ethiopian Government and project syndicate.

More about KEFI Minerals

KEFI Gold and Copper plc is a company focused on the exploration and development of gold and copper resources, primarily in the Arabian-Nubian Shield. The company is particularly focused on the Tulu Kapi Gold Project in Ethiopia, aiming to generate cash flows for capital repayments, further exploration, and dividends to shareholders.

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Technical Sentiment Signal: Hold

Current Market Cap: £49.48M

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