KEFI Gold and Copper chairman discusses strong progress in Ethiopian mining sector

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) executive chairman Harry Anagnostaras-Adams tells Proactive's Stephen Gunnion about the company’s significant progress in Ethiopia, following a period of economic and political instability in the country.

Anagnostaras-Adams highlighted Ethiopia’s resurgence as a key player in Africa, drawing parallels between the country’s current economic drive and his experiences in Japan and South Korea. He emphasised the importance of KEFI seizing opportunities in the country, especially with the alignment of favourable conditions in the mining sector.

Anagnostaras-Adams also addressed the challenges in securing project finance, particularly in the tough capital markets, and explained how KEFI is overcoming these hurdles with a combination of strategic partnerships and local investments. He expressed optimism about the future, noting that Ethiopia's economic recovery and reform agenda are creating a conducive environment for mining activities.

Anagnostaras-Adams concluded by discussing the trends in the gold market and KEFI’s plans to lock in profits through strategic financial measures. With private sector growth and government support, KEFI is well-positioned to capitalize on these developments.

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