Tuesday
May 16
2023

Eacop Pipeline: China’s $1.8 Billion Role in Funding Africa’s Oil Transport Infrastructure

By Chinedu Okafor

According to senior members of Uganda’s Ministry of Energy, the East African Crude Oil Pipeline (Eacop) sponsors are only seeking $1.8 billion, which is anticipated to come from a number of Chinese lenders and two African banks.

Photo courtesy of 

 

Source: Business Insider Africa (link opens in a new window)

Categories
Energy, Technology
Tags
infrastructure, lending