Kefi receives central bank approval for proposed Tulu Kapi debt finance

The National Bank of Ethiopia, Ethiopia’s central bank, has approved signed term sheets with the project finance banks that will provide the long-term development debt finance for Aim-listed Kefi Minerals’ Tulu Kapi gold project. The company says this reaffirms the Ethiopian government’s ongoing support of it and its project finance plan for Tulu Kapi Gold Mines Share Company (TKGM).