KEFI Secures Key Approval for Tulu Kapi Project Financing

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

KEFI Gold and Copper plc announced that the Ethiopian Council of Ministers has approved Ethiopian Country Membership for Africa Finance Corporation, a key co-lender for the Tulu Kapi Gold Project. This approval is a critical step for AFC’s participation in the project’s financing, allowing KEFI to proceed with the scheduled project launch steps in collaboration with the Ethiopian Government and the project syndicate.

More about KEFI Minerals

KEFI Gold and Copper plc is a company focused on the exploration and development of gold and copper projects, primarily in the Arabian-Nubian Shield. Its main project is the Tulu Kapi Gold Project in Ethiopia, which aims to generate cash flows for capital repayments, further exploration, and dividends to shareholders.

YTD Price Performance: 33.33%

Average Trading Volume: 46,030,485

Technical Sentiment Signal: Sell

Current Market Cap: £51.08M

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