UDSM and BoT Academy sign financial-education agreement

EducationFinance

Wednesday 4th November 2026

Interior of Nkrumah Hall at the University of Dar es Salaam on 1 March 2008; historical campus file photograph — Nkrumah Hall, University of Dar es Salaam, 1 March 2008. Historical campus file photograph; it does not depict the Mwanza agreement or current training. Photo: Nick Fraser, via Wikimedia Commons, CC BY-SA 2.0.

By inAfrika Newsroom

The University of Dar es Salaam and the Bank of Tanzania Academy have signed an agreement to expand financial education and joint research, using the central bank’s training facilities in Mwanza.

The memorandum was signed on 29 October in the presence of BoT governor Emmanuel Tutuba, according to a university account published on 3 November. The agreement provides a framework for teaching, research and programme development rather than announcing an immediate public course intake.

UDSM vice-chancellor William Anangisye said the university would contribute academics and specialists in financial education. The Academy’s facilities would help extend their work beyond the university’s main Dar es Salaam campus, including to people in Mwanza.

The partners also intend to review training programmes against labour-market needs. Anangisye said UDSM’s curriculum-development expertise would complement existing provision and address gaps in financial knowledge.

Tutuba said financial education should equip people with practical skills in spending, saving and investing. The university linked the agreement to the central bank’s wider financial-education work, including guidelines for integrating the subject into higher, technical and vocational education launched on 2 October.

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