DHV TRADING AND NATURAL RESOURCES ETHIOPIA
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DHV provides Business Services in the Construction, Mining, Agriculture, Water Resources; Consulting and Engineering Services in the Natural Resources Development, Environmental Protection, Water Sustainability.
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KEFI MINERALS - Quarterly Operational Update - Progress On All Fronts
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The company with a focus on the Arabian Nubian Shield and with projects in Ethiopia since 2014, is pleased to provide its Q1 2023 Quarterly Operational Update.

Highlights
- Tulu Kapi Gold finance package of US$390 million agreed in principle

- Working intensely with Government on few remaining security and administrative arrangements


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Sustainable Energy Fund for Africa provides $10 million grant to support Tulu Moye Geothermal Resource Development
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The Board of Directors of the African Development Bank Group has approved a $10 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to support a geothermal drilling program that will add 50 megawatts of renewable energy to Ethiopia’s power system.

The Tulu Moye Geothermal Operations PLC (TMGO) project entails developing and operating a 50-megawatt power plant in Ethiopia under a build-own-operate transfer structure. The program provides for the second phase of an additional 100 megawatts. On completion, it will be the first large-scale private sector-driven geothermal development and the first Independent Power Producer in Ethiopia.

TMGO is owned by Meridiam, a Paris-based multinational corporation, and Reykjavik Geothermal of Iceland.

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Q1 report.pdf
3 MB
Segele underground mine.pdf
1.2 MB