Tanzanian minister of energy, Medard Kalemani, announced the construction of the crude oil pipeline that will transport Uganda’s oil to the Tanga port on Tanzania for next April.
Known as the East African Crude Oil Pipeline (EACOP), this pipeline has been delayed since 2017, partly due to a tax dispute between the Ugandan government and some parties involved in the project. The minister's announcement was made last Friday at the National Assembly when his ministry's budget estimates and expenditures for the fiscal year 2020-2021 were tabled.
Before April 2021, the priorities will be to complete the host government agreements (HGA), a shareholders' agreement (SHA), a land lease agreement (LLA), the port agreement (PA) and the compensation of those whose lands have entered the project, the minister said.
The environmental impact study has already been carried out as well as the sensitization of the communities close to the pipeline. The pipeline will be 1,445 km long and is expected to cost $3.5 billion.
Olivier de Souza
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...
With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...
IMF staff concluded a review under the ECF and RST programs. The country will access $13.98 million following satisfactory performance. Growth...
The AU and Global Fund signed an MoU to fight AIDS, tuberculosis, and malaria. The deal aims to strengthen health systems and boost local resource...
The draft “Digital X.0” law sets a legal framework for AI integration in Morocco. It focuses on data governance, digital identity, and...
Aya Gold & Silver plans to invest $446 million in its Boumadine gold-silver project. The mine could yield 2.3 million ounces of gold and 69.8...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...
CIGAF 2025 hosted 26+ countries to celebrate culinary diversity in Ouagadougou Event featured competitions, demos, and talks on food, culture, and...