Browsing: East African Crude Oil Pipeline (EACOP)

• Activists and critics are intensifying their opposition to the East African Crude Oil Pipeline (EACOP), citing concerns over its potential environmental and socio-economic impacts.
• Recent protests erupted in Uganda and Tanzania in response to the announcement that Chinese state-owned entities would fund the controversial pipeline project.
• Delays in financing have caused jitters among investors, leading EACOP shareholders to increase their equity stake from 40% to 52% as the project continues to face scrutiny.

The East African Crude Oil Pipeline (EACOP) is once again at the center of controversy, as activists and critics intensify their opposition to the energy project. Detractors are raising alarms over its potential to inflict severe environmental and socio-economic damage, adding to the growing chorus of opposition.

In a fresh wave of protests, demonstrators took to the streets of Uganda and Tanzania, voicing their dissent against the EACOP project. The peaceful rallies were sparked by a recent …