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.
Recently, Uganda received an additional pledge of $200 million from the Afreximbank towards erecting the pipeline whose total cost is $5 billion.
For more information, please see https://www.theeastafrican.co.ke/tea/business/lenders-save-stalled-eacop-3978182
