LE BRIEF

Ethiopia: KEFI gradually restarts development work at the Tulu Kapi gold project

LE BRIEF • 2026-10-14

Following September’s suspension, the restart begins with electricity connections and access roads. This is a phased resumption of development, not the start of commercial production.

LE BRIEF, Wednesday 14 October 2026: Africa and Gulf special edition Country : Ethiopia Source publication : 12 October 2026 Event : Restart announced on 12 October 2026 Meeting connected with the Tulu Kapi project, with KEFI signage: supplied photograph, not a photograph of roadworks. Mining company KEFI Gold and Copper has announced the gradual resumption of development activities at its Tulu Kapi gold project following several weeks of interruption. Work had been suspended on 7 September 2026 after a serious security incident on 4 September. The company says it consulted local community representatives, Ethiopian authorities and project partners before deciding on a phased restart. Electricity connections and access roads in the first phase The first phase concerns electricity connection infrastructure and remobilising the teams responsible for building access roads. Subsequent operations will cover resettlement measures for affected populations, securing the mining perimeter, earthworks and staff facilities. KEFI also wants to increase local companies’ participation in development work. The company says it has already invested more than US$150 million in the project. Financing, security and social issues Financial partners remain involved in discussions on organising subsequent construction phases and arrangements for mobilising finance. Tulu Kapi’s restart is a step forw...