Final funding gears into motion at one of Ethiopia’s most advanced gold projects

KEFI

A project nearly two decades in the making is now edging into its most pivotal phase. In a region long considered complex for large-scale mining development, one company’s methodical progress now signals a turning point in how capital, control, and community are being synchronised to bring latent value to the surface.

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project, Jibal Qutman EL and Hawiah.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

KEFI moves first in Ethiopia as mining sector opens to global capital

KEFI is now building Ethiopia’s first internationally backed gold mine, with capital secured and construction underway.

KEFI Gold and Copper plans full Tulu Kapi project development by late 2025

KEFI says full development of the Tulu Kapi Gold Project is expected to begin by the end of 2025, with a US$340 million budget finalised and lender approval secured for the US$240 million debt component.

Gold poised at the edge of policy pivot

Gold is setting up for a policy‑driven move as growth concerns and rate‑cut expectations converge.

Gold gains momentum amid dollar weakness and rate cut bets

Gold is gaining traction as the dollar weakens and rate‑cut expectations rise, offering investors a timely diversification tool.

Gold’s position in a changing landscape

Gold is moving from peripheral hedge to core allocation as structural demand and policy shifts converge.

Final funding gears into motion at one of Ethiopia’s most advanced gold projects

KEFI secures US$240m in project debt as final equity funding enters oversubscribed phase, pushing Tulu Kapi closer to execution.

Search

Search