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A Financial gap: Can China be stopped from financing the EACOP?

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By Witness Radio and Südnordfunk team.

The East African Crude Oil Pipeline (EACOP) faces a financial hole. Numerous Western banks and insurers have already bailed out – meanwhile, the pipeline construction is in full swing. The shareholders seem confident that they will be able to finance the project. And Chinese banks, in particular, are coming into play.

Witness Radio’s Partner, Südnordfunk, a community radio in Germany, speaks to Zaki Mamdoo of the StopEACOP Movement and Ryan Brightwell of BankTrack about the reasons for the delay and the question of how China can be stopped from funding this disastrous project during the -Project is no longer attractive. China intends to close EACOP’s financial gap program.

The program was first broadcast in Germany, and Witness Radio is bringing you the same program in the English version.

Südnordfunk is partnering with Witness Radio to shed light on the different ways the construction of the EACOP pipeline is and will be affecting people, the resettlement programs, evictions, the socio-ecological consequences, and the entanglements of European politics.

Tune in. In case you missed both live programs (English and German broadcasts).

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