The UK-based oil company Tullow has sweetened its deal in Zambia with a US$100,000 endowment fund for a local university.
The University of Zambia announced it received the funding on 11 August. The deal sees UNZA’s geology department benefiting from two new labs, microscopy equipment and funding for students to do geological analyses at Tullow Zambia’s exploration site.
The multinational is currently on an exploration drive in Africa. It was awarded a licence to explore an area of more than 50,000 square kilometre in the north near Kasama in June 2016. This includes the Zambian sectors of three large lakes in the area: Mweru, Mweru Wantipa and Tanganyika.
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