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 financing,” said Ugandan Energy Minister Ruth … Continue reading Chinese, African lenders to cover $1.8b Eacop funding shortfall