China steps in to save Uganda oil pipeline as Western lenders back out over environmental concerns

Chinese lenders will provide more than half of the US$3 billion debt that Uganda requires to build a crude oil pipeline after financiers from the West backed out following strong opposition from environmental groups. According to Uganda's Ministry of Energy and Mineral Development, the East…#uganda #eastafrican #irenebateebe #eximbank #lakealbert #tanzanian #tanga #totalenergies #tanzania #indianocean
Source: Reuters: Health - Category: Consumer Health News Source Type: news