Students demonstrate on September 29, 2022 against European Union lawmakers resolution to compel Uganda, Tanzania and Total Energies delay East African Crude Oil Pipeline. PHOTO | MORGAN MBABAZI | NMG
The East African Crude Oil Pipeline (Eacop) has attracted $300 million from alternative lenders as its proponents rush to save the project from pressure groups citing environmental concerns.
This week, Uganda received an additional pledge of $200 million from the Afriexim Bank towards erecting the pipeline whose total cost is $5 billion.
