DAR ES SALAAM, Oct. 13 -- THE Higher Education Students Loans Board (HESLB) plans to raise about 4tri/- through capital markets as it seeks to diversify funding sources and extend higher education financing to more Tanzanian students.

The board said the initiative aims to establish a sustainable funding model that does not rely on a single source of finance.

Speaking yesterday at a meeting with media editors organised by the Office of the Treasury Registrar in Dar es Salaam, HESLB Executive Director Dr Bill Kiwia said the strategy also supports Tanzanias Development Vision 2050.

The Vision emphasises investment in human capital, skills development and building a knowledge-based economy driven by technology and innovation.

“The V...