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Sponsors of the East African Crude Oil Pipeline (Eacop) are looking for only $1.8 billion, which is expected to come from several Chinese lenders and two African banks, top officials of Uganda’s Ministry of Energy said on Friday. “We are looking for $1.8 billion for the remainder on debt financin
Analysts say the growing number of Chinese companies getting Uganda oil project contracts suggests Beijing is the source of loans.
Evolution Energy Minerals Ltd (ASX:EV1) is weighing up a wide range of financing avenues for its cornerstone Chilalo Graphite Project in Tanzania. The...
Only when the parties see that their financial interests are in jeopardy will they be willing to seriously negotiate.
The decision, which follows mounting pressure from the StopEACOP campaign, is particularly significant as the bank