KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) has confirmed that the Ethiopian Parliament has formally ratified Ethiopian Country Membership for Africa Finance Corporation.
The Africa Finance Corporation is one of the company’s co-lenders for the Tulu Kapi Gold Project.
It was a key requirement for AFC to participate in financing the project. With the ratification complete, KEFI will proceed with the remaining steps to launch the project as previously agreed with the Ethiopian Government and the project syndicate.