Construction of first undersea museum in sub-Sahara Africa to begin in Kenya
Plans to construct first underwater museum in sub-Sahara Africa is set to begin in Kenya, National Museums of Kenya (NMK) coast region assistant director for sites and monuments, Mr Athman Hussein Athman, has announced.
Athman was speaking during a workshop, sponsored by Unesco, the National Museums of Kenya and the Ministry of Sports, Culture and Arts in Mombasa.
The museum will be constructed at the site of a shipwreck at Ngomeni, a historical fishing village in the north coast. It will be Africa’s educational centre for underwater archaeology.
“The government of Kenya, through the NMK, has started to develop the Ngomeni shipwreck site into an underwater museum, the first of its kind in sub-Saharan Africa,” Athman said.
Tullow Oil Sees Success at Etom-2 Appraisal Well in Kenya’s Block 13T
Tullow Oil has announced that the Etom-2 well in Block 13T, Northern Kenya, has encountered 102 metres of net oil pay in two columns.
The objective of the well was to explore the north flank of the Etom structure in an untested fault block identified by recent 3D seismic. Oil samples, sidewall cores and wire line logging all indicate the presence of high API oil in the best quality reservoir encountered in the South Lokichar Basin to date.
Tullow says additional prospectivity identified on the 3D seismic in the Etom Field area and in the northern portion of the basin, including the Erut and Elim prospects, will now be considered as part of the future exploration drilling program.
Kenya: Kengen to Spend Sh166 Billion On Power Plants
Kenya Electricity Generating Company (KenGen) will spend Sh166 billion to put up wind and geothermal power plants in the next two years.
The additional generating capacity estimated to be 460 megawatts is expected to significantly reduce reliance on fuel driven generators and ease the cost of electricity.
Much of the funds will be sourced from bilateral lenders in form of loans while a small portion of the funding will come from the company's internal resources.
Chase Bank gets Sh3bn loan for green projects
Chase Bank has received a Sh3 billion loan from Global Climate Partnership Fund (GCPF) for environmental friendly energy projects.
The eight year loan, which has the option of rising to Sh4.5 billion, will be used for small-scale renewable energy projects which are on the rise as corporates look for alternatives to unpredictable power outages.
Chase Bank said it already had several potential projects and will start to disburse financing before the end of the month.
