News
02 September 2025

KEFI inks $240m loan for Ethiopia gold project

In:
Metals and Mining
Region:
Middle East & Africa

KEFI Gold and Copper has signed a $240 million expanded debt facility to finance the Tulu Kapi Gold Project in Ethiopia. The total project capital requirement has increased to $340 million, up 6% from 2023 estimates, with $100 million of equity-risk capital assembled at the subsidiary level for...

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