KEFI (AIM: KEFI) has announced the appointment of Addis Alemayehou as an independent non-executive director of the company with effect from the closing of the company’s annual general meeting on 22 July 2024.
Harry Anagnostaras-Adams, KEFI’s executive chairman, commented, “I am delighted that Addis will be joining the KEFI board. His experience and relationships in Ethiopia will be invaluable as we advance our high-grade Tulu Kapi Gold Project. Addis’ appointment is also part of our ongoing commitment to have local participation in both management and financing at all levels of our projects.”
Mr. Addis Alemayehou, who is based in Ethiopia, is the Chairman of Kazana Group, a diversified investment firm dedicated to early-stage, high-impact, tech-driven, and climate-smart initiatives, aiming to generate mass employment in Africa.
Mr. Alemayehou is well known for having launched ventures in Ethiopia such as Kana TV, the country’s first dubbed television station; Afro FM, Ethiopia’s inaugural English-language radio station; and 251 Communications, a leading Ethiopian communications company.
Additionally, he provides advisory services to global institutions on overseeing investments in East Africa and in assessing opportunities and is a board member in Ethiopia for Dangote Industries, the largest cement producer in Africa.
At the conclusion of the AGM, the KEFI board will comprise Harry Anagnostaras-Adams (executive chairman), John Leach (finance director), Addis Alemayehou (non-executive director), Alistair Clark (non-executive director), and Richard Robinson (non-executive director).
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