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Ethiopian investment syndicate backs Kefi's Tulu Kapi

US$30 million invested for 23% stake in the project

Jacqueline Holman
Kefi has raised more funds for the Tulu Kapi gold project in Ethiopia

Kefi has raised more funds for the Tulu Kapi gold project in Ethiopia

Once the agreement goes through, Kefi will own 54% of Tulu Kapi, with the syndicate holding 23% and Ethiopia's government holding the remaining 23%. The $30 million will go towards the project finance...

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