Tanzania and Uganda on Sunday signed a $3.5 billion East Africa Crude Oil Pipeline (EACOP) project. The pipeline will cover 1,445-km.  “We have agreed that Tanzania will take 60 percent of the profits and Uganda will remain with 40 percent,” Tanzania President John Pombe Magufuli said from his hometown of Chato after a meeting with … Continue reading Tanzania, Uganda Sign $3.5 Billion Crude Pipeline Deal