KEFI16 Nov 2021 09:34
As a prelude to the next stage of community preparations, it is pleasing to report TKGM's new binding agreement with the Ethiopian Evangelical Church of Mekane Yesus ("EECMY"). EECMY will be one of KEFI's long-term partners in TKGM and also will support our community projects. KEFI is greatly honoured to welcome EECMY and we look forward to collaborating with EECMY in overseeing the various community-based programmes in a manner which respects the local rules and regulations, the 21st century international standards for modern gold production such as World Bank IFC Performance Standards and also the highest moral codes of conduct. Whilst the EECMY investment into TKGM is not playing a major role in the total project finance package, EECMY's role is significant for TKGM's social licence. For instance, the Tulu Kapi community will potentially significantly benefit from EECMY's micro-finance institution in Ethiopia.