Aga Khan Fund for Economic Development (AKFED) – From Wikipedia, the free encyclopedia

The Aga Khan Fund for Economic Development (AKFED) (AKFED) is the sole for-profit agency of the Aga Khan Development Network (AKDN) (AKDN) and works in partnership with international organizations and governments to stimulate the private sectors of developing economies, with the aim of generating capital for investment into long-lasting and sustainable development initiatives. The agency’s operations include, but are not limited to, industry and tourism. Critical to the development process are goods and services including financial institutions, and infrastructure, such as power generation and communications, which together comprise some of AKFED’s initiatives.

Contents

• 1 Introduction
• 2 Financial Services
• 3 Industry
  • 3.1 Food and Agriculture
  • 3.2 Infrastructure
• 4 Tourism Development
• 5 Media Services
• 6 Aviation Services
• 7 References

[edit] Introduction

Aga Khan Fund for Economic Development (AKFED) is one of eight agencies operating under the direction of the umbrella organization, Aga Khan Development Network (AKDN), founded and Chaired by His Highness the Aga Khan. Aga Khan Fund for Economic Development (AKFED) has approximately 150 companies in some 15 countries, and employ over 30,000 people. Of these eight, AKFED is the sole for-profit agency, the purpose of which is to build high-performing institutions and to sustain long-lasting development projects in developing regions.^[1] The agency works to build infrastructures that support economic development. Its major investments include the Financial Services, Industrial Promotion Services (IPS) (IPS), and Tourism Promotion Services (TPS) (TPS), . These initiatives span improvements in banking, electricity, agriculture, hotels, aviation, and communications linkages.^{[2] (…)}

 
 

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