Industrial and Commercial Bank of China (ICBC) Archives

EACOP gets unwavering support from China’s Xi Jinping as Chinese lenders indicate willingness to finance oil pipeline

Muhereza KyamuteteraThe Big StoryApril 6, 2024April 6, 2024

Chinese lenders are open and willing to discuss financing for the East African Crude Oil Pipeline Project (EACOP), the Chinese Ambassador to Uganda, H.E. Zhang Lizhong, has told Uganda’s President…

STANBIC BANK ON FUNDING EACOP PIPELINE⏤ We are committed to just energy transition and global standards on environment and social safety

Muhereza KyamuteteraEast Africa News & Analysis The Big StoryApril 1, 2024April 6, 2024

Stanbic Bank Uganda, Uganda’s largest bank and a subsidiary of the Standard Bank Group, Africa’s largest banking group has said that it is still doing its own due diligence on…