( ) has been in communication with all Ethiopian government offices dealing with the Tulu Kapi Gold Project in the Federal and Oromia Regional Governments, welcoming new appointments of state ministers. The AIM-listed firm said the government is KEFI’s partner in the Project company, Tulu Kapi Gold Mine Share Company Limited (TKGM), and its representatives on the TKGM board work close with KEFI and other members of the Project consortium. Also, Tulu Kapi Gold Project is expected to play an important role in the country’s development. KEFI has been advised that the international bond markets favourably view the Ethiopian government’s smooth transition to its new leadership. “The Bond will be a senior secured sinking fund bond issued by KEFI's Luxembourg SPV and listed in Luxembourg,” the company said.

Source: Ethiopian News May 15, 2018 07:18 UTC