MEDIA FOR CHANGE NETWORK
Uganda: StopEACOP Campaign Condemns Standard Bank’s Decision to Fund EACOP
Published
2 years agoon

Kampala — The StopEACOP Campaign is appalled by Standard Bank’s decision to help finance the East African Crude Oil Pipeline (EACOP) project and condemns this decision in the strongest possible terms. This decision follows a years-long review process, during which environmental and social concerns raised by numerous stakeholders were evidently ignored.
The $5 billion EACOP project, spearheaded by TotalEnergies, aims to transport crude oil from Uganda’s oil fields to a terminal in Tanga, Tanzania. Despite significant opposition from affected communities and environmental and human rights groups, Standard Bank, Africa’s largest lender, has decided to support this disastrous project.
Standard Bank chair Nonkululeko Nyembezi stated in a recent interview that they had conducted comprehensive environmental and social due diligence. However, the claim contradicts the project’s grave climate, environmental and human rights risks. The decision of Standard Bank is also at odds with the assessment of its peers, who have ruled out support for the EACOP for climate, environmental, and social concerns.
Standard Bank’s decision ignores local opposition and human rights abuses
In the last month alone, 11 pipeline critics have been arrested in Uganda and Tanzania after expressing their concerns about the project. In addition, one of the community leaders from the Kingfisher region in Uganda was abducted by the Uganda Peoples’ Defense Forces, bringing condemnation from the UN Special Rapporteur on Human Rights Defenders. Standard Bank’s untimely announcement of their decision to finance EACOP, in the midst of a brutal crackdown on human rights, environmental and land defenders in Uganda and Tanzania, illustrates their level of detachment from the realities and experiences of communities on the ground and calls into question their claim to have done thorough due diligence.
Environmental and human rights groups have persistently highlighted the potential hazards of the controversial EACOP, including severe impacts on wildlife habitats, the displacement of communities, and the exacerbation of climate change through increased greenhouse gas emissions. Many field investigation reports, including a recent Human Rights Watch report, have also documented and denounced the inadequate compensation and significant disruption experienced by residents displaced by the pipeline’s construction. Against this backdrop, Standard Bank’s decision to finance EACOP shows blatant disregard for the voices and rights of the communities in Uganda and Tanzania who will bear the brunt of the environmental and social devastation caused by this project.
Standard Bank cannot feign ignorance in relation to the concerns surrounding EACOP. It has faced consistent pressure from communities and climate and social justice organisations and groups in South Africa who have demonstrated outside the bank’s offices in Rosebank, Johannesburg on numerous occasions. These demonstrations, including a large protest with hundreds of participants on the day of the bank’s AGM in 2023, a 3-day-long occupation of the bank’s entrance in September of the same year, and weekly pickets held outside the bank’s parking lot by Extinction Rebellion, sought to bring the demands and experiences of EACOP-affected communities to their attention.
Standard Bank has refused to engage in meaningful and constructive dialogue and instead, its response has been characterized by repression and increased militarisation. The South African Police Service has also intervened to protect the interests of the bank and has arrested peaceful demonstrators on two occasions. It is a stark demonstration of Standard Bank’s prioritization of profit over people and the planet and its lip-service commitment to constructive dialogue and meaningful engagement with frontline communities and other key stakeholders.
Standard Bank is also ignoring clear business risk
The decision to bankroll the project also casts doubt on Standard Bank’s assessment of the business and reputational risks stemming from the risks to local communities, environment and climate posed by the project.
Standard Bank’s decision comes after major financiers and insurers from North America, Europe, and Japan have publicly ruled out support for EACOP due to global outcry over the harmful project. The expected finance from China has also been delayed, while the Chinese state-owned insurers and banks have taken prolonged time to assess the outstanding risks. As a result, the EACOP project is facing significant challenges and project sponsors are reportedly in a cash crisis to fill the funding gap, which threatens to stall the construction.
These delays come as a result of the immense pressure that potential financiers have come under from communities, civil society, the international community and even shareholders and investor groups who express grave concern over the catastrophic socio-economic, biodiversity and climate change risks of the project.
Standard Bank’s decision to finance the EACOP project starkly contradicts industry trends, as leading banks and insurers have distanced themselves from this controversial initiative. This decision exposes Standard Bank to significant risks, including the potential for stranded assets, especially as the global economy transitions towards clean energy solutions. Furthermore, with Uganda already facing a severe debt crisis, worsened by the country’s oil induced borrowing spree, the environmental and social costs associated with EACOP could precipitate an economic disaster for the people of Uganda as well as financiers and their shareholders who opt to engage with this project.
It is clear that investing in EACOP threatens the stability of vulnerable communities and jeopardizes the financial health and reputational integrity of those who support it. A 2022 report assessing the EACOP and associated oil fields against internationally recognized environmental and human rights standards for financial institutions found numerous violations, putting banks at risk if they sign on to support the project. The assessment, undertaken by the Africa Institute for Energy Governance (AFIEGO), Inclusive Development International (IDI) and BankTrack, suggests that the project is not in compliance with many of the criteria set forth in the Equator Principles and the Environmental and Social Performance Standards of the International Finance Corporation (IFC), two internationally recognized standards for responsible finance.
We demand that Standard Bank review and rescind its decision to finance the EACOP project immediately. While it may be too late for Standard Bank to redeem its supposed commitment to people and the planet, there is still time for other potential lenders, particularly Chinese state-owned banks, to demonstrate their dedication to human rights and sustainability by refusing to support EACOP. We call upon the global community to continue its unwavering support for the StopEACOP campaign and the communities on the frontlines. It is not too late to halt this disastrous project and prevent the extensive environmental, social, and economic damage it promises to inflict.
Quotes
“For years, we have campaigned tirelessly against Standard Bank, bringing the grievances and aspirations of impacted communities directly to their doorstep time and time again. Each time, we are met either with deafening silence or with outright violence from an institution that has shown itself to be truly heartless and utterly indifferent to the well-being of ordinary people. Let it be known that this announcement will not deter us. We will continue to stand in solidarity with the communities affected by EACOP and will escalate our actions against Standard Bank in the coming months.” – Zaki Mamdoo, StopEACOP Campaign Coordinator
“Standard Bank prides itself on financing Africa’s development. However, the bank’s decision to finance the EACOP, not to mention its financing of other fossil fuel projects across Africa, earns the institution the title of an anti-people and an anti-development bank. Fossil fuel projects like EACOP that cause livelihood losses, enslave Ugandans by worsening indebtedness and drive all of us deeper into the climate crisis should not be financed by any bank.” – Diana Nabiruma, Senior Communications Officer, AFIEGO
“Standard Bank is contributing to the devastation of our communities including through the immense loss of land and livelihood. They have chosen to ignore the plight of our people and to support our exploitation and suffering at the hands of greedy multinational corporations. This is a decision that places them squarely on the wrong side of history and which marks them as an institution with no regard for human rights and justice.” – Richard Senkondo, Executive Director at the Organization for Community Engagement, Tanzania.
Original Source:350Africa.org Via allafrica.com
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Experts warn that without Africa’s control over resources and climate financing, the continent faces the risk of entering a new era of “green colonialism”.
Published
13 hours agoon
May 20, 2026
By Witness Radio Team
As the global push for clean energy accelerates, African governments are under mounting pressure to move away from fossil fuels and embrace renewable energy. But economists, political leaders, and climate justice advocates are warning that Africa’s transition could reproduce the same unequal economic structures established during colonialism unless the continent gains greater control over its resources, industries, and financing systems, inspiring a sense of agency and possibility.
Although Africa contributes less than 4 percent of global greenhouse gas emissions, it is among the regions most vulnerable to climate change. The continent continues to suffer disproportionately from a crisis largely caused by industrialized nations, including prolonged droughts and devastating floods, which greatly affect its people.
Governments across Africa are increasingly adopting renewable energy policies promoted as pathways toward sustainable development. Despite being promoted, a growing number of experts argue that the transition risks becoming another extractive project in which African resources fuel foreign industries while local communities remain impoverished.
The global transition to clean energy has sharply increased demand for minerals such as cobalt, lithium, graphite, manganese, and copper, which are abundant across Africa and critical for batteries, electric vehicles, and renewable energy technologies.
At the same time, the continent possesses vast renewable energy potential. According to the International Renewable Energy Agency (IRENA), Africa could generate significantly more renewable energy than it currently consumes.
In an interview with Witness Radio, Tunisian economist and President of the Global Institute for Sustainable Prosperity, Fadhel Kaboub, said Africa’s role in the global transition should go beyond merely supplying raw materials to industrialized countries.
“We cannot decarbonize a system that hasn’t been structurally economically decolonized yet. Africa has the potential to become an energy powerhouse globally, an industrial powerhouse, and as a result, an economic and geopolitical powerhouse.” Kaboub reveals.
Kaboub argued that the current global economic system continues to place African countries at the bottom of supply chains, echoing colonial patterns. This pattern is vital for economists and global citizens to understand.
“Africa was assigned the role of supplying cheap raw materials while importing finished products and technologies. The danger is that the green transition is reinforcing the same model instead of transforming it,” he added.
Across the continent, activists and researchers are increasingly raising concerns about what they describe as “green colonialism,” where climate and environmental projects dispossess communities while benefiting foreign governments and corporations.
In several African countries, including Uganda, large-scale carbon offset projects have been linked to land conflicts and forced displacement. Critics say some carbon markets allow polluting corporations in the Global North to continue emitting greenhouse gases while using African land and forests to offset their emissions.
Environmental advocates warn that unless African governments ensure local ownership and value addition in mining linked to renewable energy, the continent risks repeating the history of raw material extraction, which is key for informed policy decisions.
Africa’s green transition discussions also focused on climate financing as a key point of debate. African leaders have repeatedly criticized rich countries for not sufficiently financing adaptation and renewable energy projects, despite their historic role in spewing the bulk of the World’s carbon emissions.
At the COP29 climate Summit in November 2024 in Azerbaijan, His Excellency Bola Ahmed Tinubu, the president of the Federal Republic of Nigeria, warned that many African countries are trapped between debt repayment obligations and climate adaptation needs.
“Africa did little to cause the climate crisis, yet the debt climate trap has saddled many of its nations with a tragic choice: Eschew repayments to fund adaptation to climate shocks and risk default- a financial purgatory where development indicators plummet; or honor obligations and compromise on resilience, thus entrenching vulnerability to development-shuttering climate events,” he added.
Speaking during the Africa Climate Summit 2025, former Ethiopian Prime Minister Hailemariam Desalegn said debt restructuring must become part of global climate discussions.
“Unless we confront the debt crisis head-on, efforts to finance Africa’s climate ambitions will continue to fall short,” Desalegn said.
Kaboub believes the financing crisis reflects a broader historical injustice. “The industrialized world has consumed most of the global carbon budget that creates a climate debt owed to Africa and the Global South.” He revealed.
Some African economists and climate justice groups are calling for climate reparations, not more loans that deepen dependency, to address historical injustices and support equitable development.
“The future of Africa’s green transition depends on who controls it. If Africa controls its resources, industries, and development path, the transition could become a tool for liberation. If not, it risks becoming another phase of exploitation under a green banner.” Kaboub concluded.
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Rising fertilizer dependence sparks debate over Africa’s agricultural future; experts call for urgent critical review process.
Published
2 days agoon
May 19, 2026
By Witness Radio Team.
In March this year, the United Nations World Food Program (WFP) warned that the number of people facing acute hunger globally could rise sharply if escalating conflict in the Middle East continues to destabilize the global economy, projecting that nearly 45 million additional people could slide into acute food insecurity.
Since 28 February 2026, the United States and Israel have been engaged in a war with Iran and its regional allies. The conflict began when the US and Israel launched airstrikes on Iran, targeting military and government sites and assassinating several Iranian officials, including Supreme Leader Ali Khamenei. Iran responded with missile and drone strikes on Israel, US bases, and US-allied Arab countries in West Asia, and the temporary closure of the Strait of Hormuz, disrupting global trade.
As global tensions continue, experts have revealed that they are disrupting fertilizer supply chains and driving up prices, an issue likely to threaten food security and make policymakers feel responsible for safeguarding Africa’s future.
A recent report by GRAIN, an international Non-Governmental Organization (NGO), argues that Africa’s increasing reliance on imported chemical fertilizers is exposing farmers and food systems to economic, political, and environmental risks.
Titled “Can African Food Systems Thrive Without Chemical Fertilizers?”, the report links recent fertilizer price spikes to conflicts such as the Russia-Ukraine war and the recent escalation involving Iran, Israel, and the United States. According to the report, these crises have disrupted the movement of fertilizers and raw materials, such as natural gas and sulfur, pushing prices beyond the reach of many African farmers.
According to the report, the African fertilizer market is currently worth around US$10–15 billion and is projected to grow to US$20 billion over the next four years. It adds that the largest fertilizer manufacturers — including Yara of Norway, OCP of Morocco, PhosAgro of Russia, Nutrien of Canada, and Mosaic of the United States — are seeking to expand their presence in this fast-growing, highly profitable market.
GRAIN researcher Ange David Baimey told the Witness Radio team that growing concerns about the ongoing impact of global conflicts on African agriculture drove the investigation.
“As you can see, the recent crisis involving Iran, the USA, and the Middle East created a lot of uncertainty concerning how fertilizers can continue reaching African countries. Before this, we also had the Ukraine crisis and COVID-19. If you look at the last six years, these crises have seriously affected agriculture in Africa.” Ange, who participated in the research, told Witness Radio.
For decades, many African governments, donors, and agribusinesses have promoted chemical fertilizers as essential for increasing food production. However, the report highlights that relying on organic and sustainable practices-such as indigenous knowledge, crop diversity, and soil fertility methods-can be safer and more resilient. Showcasing successful case studies can help policymakers see practical alternatives to dependency.
“The only solution to the best agricultural practices is not chemical fertilizers. Farmers have tested and agreed that organic fertilizers are the answer. Ange further mentioned.
According to the report, the push for chemical fertilizers accelerated during the Green Revolution period, driven largely by multinational agribusiness interests seeking profits from agricultural inputs.
“The Green Revolution is not the beginning of agriculture in Africa. Our systems existed before chemical fertilizers. What we see now is a system where companies are making profits while creating dependency.” He said.
The report notes that many African countries import significant quantities of fertilizers from Gulf countries, including Saudi Arabia, Qatar, and Oman. Countries including Sudan, Tanzania, Kenya, and Mozambique remain highly dependent on these imports, making them vulnerable to supply disruptions and rising global prices.
Although African governments spend billions of dollars on fertilizer subsidy programs, many small-scale farmers still struggle to afford the products. In some countries, fertilizer prices are significantly higher than global averages due to import dependency, market concentration, and the dominance of multinational corporations in the supply chain.
“In our research, we also discovered that African farmers often pay more for the same fertilizers than farmers in Europe or the United States. The market is controlled by powerful companies whose goal is profit.” Ange explained.
The report identifies major corporations such as Yara International, OCP Group, and Dangote Group as key players shaping Africa’s fertilizer markets.
“These companies have huge influence and power in African agriculture. Governments must examine even discussions around continental trade agreements carefully because the same multinational companies may continue dominating the market.” Ange observed.
Beyond economic concerns, the report also highlights environmental and health impacts associated with chemical fertilizers, including soil degradation, water pollution, and increased pesticide use. The report advises African countries to adopt organic approaches to improve their yields, human and soil health, and to avoid environmental shocks.
“A change of course off the chemical fertilizer treadmill and towards agroecology is even more urgent in the face of the climate crisis. Climate scientists are calling today for a 42% global reduction in fertilizer use by 2050, to keep the planet livable.” The report noted.
Experts urge African leaders to use these global shocks as an opportunity to rethink Africa’s agricultural direction. “If you are dependent upon another person for your food, what happens when that person cuts off access? That is the situation Africa is in. The COVID crisis, the Ukraine war, and now the Gulf crisis all prove that reliance on imported fertilizers is dangerous. Africa can feed itself. The question is whether governments are willing to assist with that transition.” He concluded.
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A community in Yumbe district has raised serious concerns about allegations of land-grabbing involving an aspirant for Uganda’s Parliamentary Speakership, affecting over 50 families.
Published
7 days agoon
May 14, 2026
By Witness Radio Team.
More than 50 families in Ochinga village, Aringa South Constituency in Yumbe district, are feeling vulnerable as they face eviction from the land they have lived on for decades.
The families accuse the area Member of Parliament, Alion Odria Yorke, of fraudulently acquiring their land with the support of a clan member, raising questions about transparency and abuse of power.
“He has started evicting us. And he has already started clearing part of the land. We hear he is preparing it for his cocoa farming business project,” one of the affected, Richard Ayimani, told Witness Radio.
Forty-six-year-old Asiku Victor Yada is among those facing eviction. A resident of Ochinga Village, he says he owns 21 acres of land he inherited from his parents, land that has been passed down through generations.
“I was born and raised on this land. After my father’s death, I inherited it, just as he had inherited it from his father. This has been our generational land,” Asiku told Witness Radio, sharing his deep connection and concern over the ongoing dispute.
He expressed frustration over the ongoing dispute, accusing the MP of abusing his position.
“He talks about corruption and abuse of office by others, yet he is also doing the same by using our nephew to grab our clan land. We cannot accept losing our land through what we believe is a fraudulent process,” he added.
The disputed land, estimated at 519 acres (210 ha), is part of the Kiranga clan, which the community uses for farming and cattle grazing, forming the backbone of their livelihoods.
However, Hon. Alion has dismissed the allegations, insisting that he legally purchased the land from members of the Kiranga clan on May 18, 2025, for UGX 25 million (approximately USD 6,667.91). Yet, the community disputes the transaction’s legality, raising questions about the transparency and proper consultation involved in the sale.
“I have evidence of ownership, including documents and witnesses,” The MP claimed in an interview with Witness Radio. However, affected residents strongly dispute this, insisting they were neither consulted nor aware of any such transaction, raising concerns about the authenticity of the evidence presented.
“He was duped. The person he talks to is our sister’s son, and he does not have the authority to sell clan land without our understanding. Yassin is not our clan leader or landlord as the MP alleges; he belongs to another clan called the Aupi clan,” Mr. Richard explained, highlighting the need for clarity on who has the authority to sell clan land.
Witness Radio was unable to obtain a comment from the alleged land seller, Yassin, as repeated calls to his known phone contacts went unanswered.
One of the complainants, Ayiman Richard, told Witness Radio that he is the rightful heir and custodian of the land. He argues that those who allegedly sold the land were only caretakers appointed after the death of his father.
“This land belonged to my late father, Peter Nakara Ondia. After his death, I inherited it as his heir. My nephews were only given the responsibility to look after the land while I was still young. That does not make them clan leaders or landowners,” he said.
Other residents say they were never informed or involved in the alleged sale and are now living in fear of eviction, feeling betrayed and powerless.
“How can a legislator use fraudulent means to acquire our land? We were not aware of any sale, and we cannot just surrender our land,” one resident added.
Local leaders have also raised concerns over the transaction. The LCIII Chairperson of Ariwa Sub-county, Mr. John Kale, said he was not consulted during the sale process and disputes claims that Yassin is the clan leader.
“It is very surprising that I, as the local council chairperson, did not know about the sale of this land. The Honorable Member of Parliament must have been duped,” he said, before calling on the minister to stop grabbing community land.
As tensions rise, affected families say they have nowhere to go, as the land is not only their ancestral home but also their primary source of livelihood.
Land conflicts have increased in Uganda, where politically connected individuals have found it easy to grab land belonging to poor and vulnerable communities with impunity.
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