AKDN has invested over TShs. 20 Billion in development in Zanzibar since 1988. Projects include: pre-schools on Zanzibar and Pemba; an educational Resource Centre; the training of hundreds of teachers; production of health education materials and a teacher training programme using the Child-to-Child approach; the founding of the NGO Resource Centre; and major urban redevelopment projects including the establishment of the Stone Town Cultural Centre, the Zanzibar Serena Inn and the rehabilitation of Kelele Square.

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In 1992, on the request of the Government of Zanzibar and in recognition of the Stone Town's special significance, the Aga Khan Trust for Culture's Historic Cities Support Programme joined forces with the Stone Town Conservation and Development Authority to prepare a Conservation Plan for Zanzibar's historic centre. The Conservation Plan was produced and adopted by the government in the summer of 1994, and eventually published by the Trust in 1996.

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The Agreement of Co-operation to initiate a comprehensive urban rehabilitation proposal for the Seafront Area of Zanzibar’s Stone Town is part of a conservation plan designed to save the Stone Town, which has been recognised by UNESCO as a World Heritage Site. The Aga Khan Trust for Culture and the Zanzibar Ports Corporation also entered into a Memorandum of Understanding to jointly design a development plan for a section of the old port area, a portion of which is seen at bottom left.

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