In Botswana for the CorpCnclAfrica US-Africa Business Summit, Standard Bank SBGroup boss Sim Tshabalala touted the benefits of the Uganda-Tanzania oil pipeline. He talked to JulianPecquet
The bank’s CEO made a case at the US-Africa Leaders Summit in Botswana for financing Total’s East Africa pipeline despite the environmental row., Standard Bank is still awaiting the results of its internal review of an independent environmental and social consultant’s findings before deciding whether to finance the 900-mile heated crude oil pipeline between Uganda and Tanzania.
However, an interview with CEO Sim Tshabalala left no doubt about his preference as he pushed the social benefits of the East African Crude Oil Pipeline .Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
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