China Takes the Lead in Uganda’s Oil Pipeline Project: Western Financiers Step Back, But Don’t Worry – China’s Got This!
China Takes the Lead in Uganda’s Oil Pipeline Project as Western Financiers Step Back In a surprising turn of events, China has emerged as the savior for Uganda’s ambitious oil pipeline project, stepping in after major Western banks withdrew their support amidst mounting environmental concerns. The East African Crude Oil Pipeline (EACOP), slated to connect…