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Standard Chartered Plc has announced that it will not finance the East African Crude Oil Pipeline (EACOP) project. The decision, which follows mounting pressure from the StopEACOP campaign, is particularly significant as the bank had previously confirmed that it was undertaking due diligence on financing the $5 billion project. In response to public pressure, the […]
The post Standard Chartered Refuses Financing Controversial $5 Billion Ugandan Oil Pipeline appeared first on The News Chronicle.
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Last modified: May 2, 2023
