Kefi Secures $240m Loan for Tulu Kapi

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Kefi Gold and Copper, listed on AIM, fully signed the $240 million loan for its Tulu Kapi gold project in Ethiopia. This follows the completion of a $100 million equity package, including subordinated streams, royalties, and Ethiopian preference shares. Kefi has begun community resettlement, land clearing, plant construction, procurement, and electricity connection. Full financial close remains on track for February, enabling ongoing project development and exploration.