Activists urge banks not to finance Ugandan oil pipeline

A group of 30 international and local campaign groups have petitioned two banks to abandon plans to raise funds to build an oil pipeline to export Ugandan oil, saying the project would damage local livelihoods, water resources and wildlife.

The 1,445 km (900 mile) pipeline, which will run from fields in the west of Uganda to Tanzania’s Indian Ocean port of Tanga, is vital to developing the East African nation’s oil reserves.