Nov 16 , 2019
Kefi Tulu Kapi Mining Company and the University of Western Australia School of Mines signed a memorandum of understanding. The signing was held at the headquarters of the Ministry of Mines & Petroleum to equip the workforce with the necessary skills for the growth of the industry on November 13, 2019. "The government of Australia recognises the significance of this industry for the growth of the country’s economy," said Peter Doyle, ambassador of Australia, during the signing ceremony. Ethiopia's mining industry has been in decline over the past several years. While it only generated 49 million dollars in the past fiscal year, the sector brought in 650 million dollars six years ago. "We will work with the Ministry to match international practices with young Ethiopian professionals," said Harry Anagnostaras Adams, executive chairman of Kefi.