The African Development Bank (AfDB) has granted $1 million (Sh2.3 billion) to the East African Crude Oil Pipeline (EACOP) project. Out of the money, $500,000 goes to Uganda while the other $500,000 goes to Tanzania.

The money will be channeled to the micro, small and medium enterprises (MSMEs) roped in the $3.5 billion project to start early next year.

For more information, please see https://www.thecitizen.co.tz/tanzania/news/business/-sh2-3bn-afdb-grant-for-smes-involved-in-oil-pipeline-project-3202544