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KEFI Completes Funding Package For Tulu Kapi Gold Project
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KEFI Completes Funding Package For Tulu Kapi Gold Project
KEFI Gold and Copper has assembled more than US$400 million of funding for its Tulu Kapi gold project in Ethiopia, allowing the project to move into development. The financing package includes US$240 million of secured project debt from Africa Finance Corporation and the Eastern and Southern African Trade and Development Bank, US$60 million of mining fleet financing through BCM and more than US$100 million of equity-risk capital. KEFI also raise…
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