KEFI Minerals (LON:KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to note that the Government of the Federal Democratic Republic of Ethiopia has announced the lifting of the state of emergency implemented in October 2016, following a vote in the country’s parliament.
KEFI continues to progress its Tulu Kapi gold project in western Ethiopia towards development, with support from the Ethiopian Government. The World Bank forecast Ethiopia to be the world’s fastest growing economy in 2017 in its latest edition of “Global Economic Prospects” published in June 2017.