CSOs react to African Development Bank’s statement rejecting claims of potential pipeline funding
The African Development Bank (AfDB) has released a press statement rejecting claims of financial support to the controversial East African Crude Oil Pipeline (EACOP) estimated to cost $3.5 billion. This statement is seen as a direct response to a letter urging the Bank to reject funding the pipeline, signed by more than a hundred civil […]
AfDB says no plans to fund Uganda-Tanzania pipeline – The East African
The African Development Bank (AfDB) responded to a petition by a worldwide consortium of civil society organizations saying it will not fund the East Africa Crude Oil Pipeline (EACOP), as it does not fall within its focus area of renewable energy projects. Civil society says the project will cause irreparable social and environmental damage. READ […]
Civil Society Organizations to the African Development Bank: Don’t fund EACOP
(March 23, 2020) – More than 100 civil society organizations have written to the President of the African Development Bank warning the bank against financing the East African Crude Oil Pipeline, which they call “an exceptionally high-risk project.”