DTB Commits TZS 250 million to the Aga Khan Education Service, Tanzania Scholarship Fund
Diamond Trust Bank Tanzania Plc has donated TZS 250 million to the Aga Khan Education Service (AKES), Tanzania, to support scholarships for Tanzanian students to study the International Baccalaureate (IB) Diploma Programme over the next five years. Announced at a handover ceremony in Dar es Salaam, the initiative aims to empower talented students—especially those from underserved backgrounds—by providing access to a globally recognised curriculum that promotes critical thinking, ethical leadership and academic excellence.
The scholarship programme builds on a renewed Memorandum of Understanding between the Aga Khan Development Network and the IB, strengthening access to quality education across the Global South. At AKES, Tanzania, the IB curriculum is tailored to local contexts and extends beyond the classroom through community, cultural and environmental projects. DTB emphasized that by reducing financial barriers to education, the initiative will help develop a strong pipeline of future Tanzanian leaders and set a benchmark for private-sector involvement in education and sustainable development.
DTBs CEO Mr. Ravneet Chowdhury speaking to the press after the handover ceremony to AKES. The ceremony sealed scholarship funding to talented Tanzanian students, particularly from underserved backgrounds with the opportunity to study the IB DP at AKES, Tanzania’s secondary school over the next five years.
DTB’s CEO, Mr. Ravneet Chowdhury officially hands over a TZS 250 million cheque to Dr. Shelina Walli, Director of AKES, Tanzania, in support of the IB Scholarship Fund.
Dr. Shelina Walli the (AKES) Aga Khan Education Services, speaking to reporters during the donation event, expresses gratitude to DTB for the generous contribution that will enhance learning opportunities for students across the country.