What has driven China to bankroll controversial Ugandan crude oil pipeline?
As China pumps money into the East African Crude Oil Pipeline, observers say its motivation is unlikely to be economic.
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As China pumps money into the East African Crude Oil Pipeline, observers say its motivation is unlikely to be economic.
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The president thanked Chinese investors for their cooperation in various completed projects, such as the Isimba and Karuma Power dam projects, which generate over 800 megawatts. He also welcomed more ideas for cooperation between Uganda and China.
The Ugandan energy minister has been invited to Beijing to discuss financing of the EACOP as Western investors have turned away.
Asmara, 07 April 2024- President Isaias Afwerki met with Ambassador Xue Bing, Special Envoy of the People’s Republic of China to the Horn of Africa, at the Denden Guest House this morning. The discussion centered on the progress in Eritrea-China stra