KENYA: Gulf African bank to open university

28 August 2011

The Gulf African Bank will set up a university in Malindi to boost higher education standards in the area, reports Alphonce Gari for the Nairobi Star. Chairman Suleiman Shakhbal said design and architectural work was complete and the bank was currently waiting for a letter from the Ministry of Higher Education, which is expected soon.

Shakhbal was addressing Muslim community and local leaders during a fundraiser at which he helped to raise more than Sh 6 million (US$65,000) for the Malindi Education and Development Association.

He said the bank had acquired a 65 hectare piece of land near Malindi Airport for the new university. He said the move was meant to save locals from the threat of becoming second class citizens due to poor education standards. Shakhbal, who is eyeing the position of governor in Mobasa county, said the decision was reached after consultation with Malindi member of parliament Gideon Mung'aro.
Full report on the All Africa site

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