By Bernard Lugongo
The Aga Khan University plans to invest more than $700 million (over Sh910 billion) in new campuses and programmes in East Africa that will see the creation of more than 6,000 jobs in the region, its president said yesterday.
Mr Firoz Rasul said the university was looking forward to working with the national governments in the region to ensure a conducive environment for such an investment.
Speaking during the 5th graduation ceremony in Dar es Salaam, Mr Rasul said Aga Khan University set to become East Africa’s first regional university with campuses in Tanzania, Kenya and Uganda.
The $700 million investment is more than half of Tanzania’s 2008/09 allocation to education pegged at Sh1.43 trillion, which is some 32 per cent of the entire national Budget.
via TheCitizen Newspaper.
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