The African Development Bank (AfDB) is ready to act as a lead arranger for financing of Kenya's planned oil pipeline to move crude from fields in the far north county of Turkana, a senior official of the bank said on Friday.
Kenya and Uganda have been haggling over which route to choose for an oil export pipeline that Kenya wants to run through its territory rather than neighbouring Tanzania, where an alternate project backed by oil major Total, looks set to get the green light.
AfDB willing to arrange Kenya oil pipeline financing
Kenya and Uganda have been haggling over which route to choose for an oil export pipeline that Kenya wants to run through its territory rather than neighbouring Tanzania, where an alternate project backed by oil major Total, looks set to get the green light.
AfDB willing to arrange Kenya oil pipeline financing