East African Federation potential accession of South Sudan to the EAC may affect the timeline for federation or the scope thereof, but given the infrastructure problems that persist in the fledgling country since President Salva Kiir Mayardit cut off oil commerce with Sudan, the South has decided to invest in constructing pipelines that circumvent Sudan's, which it had been using until that time. These new pipelines would extend through Ethiopia to the ports of Djibouti, as well as to the southeast to the coast of Kenya. These collaborations could increase the likelihood of South Sudan joining the East African Federation at some point.
Equator Principles Equator Principles The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in project finance. It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making. As at April 2018, 92 adopting financial institutions in 37 countries have officially adopted the Equator Principles, covering the majority of international Project Finance debt in emerging and developed markets. The Equator Principles, formally launched in Washington DC on 4 June 2003, were based on existing environmental and social policy frameworks established by the International Finance Corporation.