Standard Bank has donated K12.5 million to Development Aid from People to People to People (DAPP) towards the refurbishment of its Dowa and Blantyre teachers training colleges.
The bank has provided this sum to cater for the purchase of building materials, their installation and for labour.
Speaking on Friday during the handover ceremony at Dowa campus Standard Bank’s Chief Finance Officer Temwani Simwaka said the bank was pleased to partner DAPP as it recognize the organisation’s vital role in providing vocational education and skills development to the youth of Malawi.
“We are providing the K12.5 million for refurbishment of the colleges to help provide conducive environment for the delivery of classes and practical work at DAPP colleges. The colleges have been providing alternative gateway to professional career development and education for thousands of young Malawians,” said Simwaka.
Simwaka said the donation was also in line with Bank’s continued support towards the education sector as it believes education is a backbone of country’s economic growth.
“The partnership with DAPP is a continuation of Standard Banks continuation of contribution to the growth of the country through support of the education sector. We are a bank that believes that education is a catalyst for economic growth we will therefore continue working closely with private and public partners in the education sector,” said Simwaka.
In her remarks DAPP’s Country Director Lisbeth Thomsen thanked the bank for the support saying it demonstrates that private sector is part of development.
“DAPP Malawi is very grateful for the donation as it demonstrates that private sector is also committed to be part of development by contribution to teacher training in the country, “said Thomsen.
Thomsen said DAPP Teacher Training Colleges complement government efforts in improving teacher-pupil ratio especially in rural areas.
“We would like to fill the gaps in the education sectors by training more primary school teachers and improve quality education in order that we have a brighter future for Malawi,” she said.
According to Principal of DAPP Dowa College Blessings Kambewa the institution which was opened in 2010, currently has 128 students.
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