Let me start with the Single Supervisory Mechanism. The ECB has been asked to assume responsibility for this mechanism, and to mould the existing national supervisory authorities into an effective and efficient federal supervisory team. We are making good progress on this front, and the SSM should become fully operational in the last quarter of 2014.
This is part of a major initiative by the Kenyan government aimed at increasing the use of green energy while at the same time addressing the adverse effects of climate change by exploiting natural steam that we have in abundance along the Great Rift Valley.