Aga Khan Fund for Economic Development and BRAC Form Strategic Partnership
12 September 2015 - The Aga Khan Fund for Economic Development (AKFED) and BRAC today signed an agreement which will allow BRAC to acquire a lead equity stake in Industrial Promotion Development Company of Bangladesh Limited (IPDC).
Azito Energie inaugure la première centrale à cycle combiné de Côte d’Ivoire
30 June 2015 - Azito Energie SA (« Azito ») a procédé aujourd’hui à l’inauguration de la Phase 3 de sa centrale thermique à cycle combiné d’une puissance totale de 430 MW.La troisième phase, qui représente une augmentation de 10% de la capacité de production nationale, va permettre de fournir au pays plus d’électricité fiable et au prix accessible. Désormais l’une des centrales thermiques les plus modernes et performantes d’Afrique de l’Ouest, la centrale d’Azito représente un quart (25 %) de la capacité de production d’électricité en Côte d’Ivoire
Azito Energie Inaugurates Côte d’Ivoire’s First Operational Combined Cycle Gas Turbine (CCGT) Power Plant
30 June 2015 - Azito Energie SA (“Azito”)began commercial start-up of Phase 3 of its 430 MW combined-cycle gas turbine power plant in Abidjan. Phase 3 adds 10 percent more affordable and reliable electricity to the country's grid. Azito is now one of the most modern, efficient power plants in West Africa, providing 25 percent of Côte d’Ivoire’s current electricity capacity.
Travel “Oscars” for Serena Hotels in Africa
25 October 2013 - Serena Hotels received six World Travel Awards, including “Africa’s leading Hotel Brand”; “Leading Eco Hotel of the Year 2013” for the Amboseli Serena Safari Lodge; “Rwanda’s Leading Hotel 2013” for the Kigali Serena; “Kenya’s Leading Business Hotel 2013” for the Nairobi Serena Hotel; “Uganda’s Leading Hotel 2013” for Kampala Serena Hotel; and “Tanzania’s Leading Hotel 2013” for the Dar es Salaam Serena Hotel.
Illuminating the Roof of the World: Tajikistan Exports Hydroelectricity to Afghan-Badakhshan
02 May 2013 - The PamirEnergy Company, a project company of the Aga Khan Fund for Economic Development (AKFED), has begun exporting surplus energy from the cross-border regions of Tajik Ishkashim into Afghan Ishkashim.
President Museveni and the Aga Khan Inaugurate Bujagali Hydropower Plant
08 October 2012 - His Excellency President Yoweri Kaguta Museveni today inaugurated the 250MW Bujagali Hydropower Plant in the presence of His Highness the Aga Khan.
Nyagak I Hydropower Plant Inaugurated
20 September 2012 - His Excellency President Yoweri Kaguta Museveni today inaugurated the 3.5MW Nyagak I hydropower station in Paidha, Zombo District. The occasion officially marked the onset of 24hour electricity supply for the people of the West Nile sub-region.
Serena Hotels Receive African Business Award 2012 for Contributions to Africa
22 June 2012 - Serena Hotels receives the 2012 African Business Award in the “Best Hospitality, Travel and Tourism in Africa” category. Serena Hotels was recognized for “branding its country or region as an attractive tourism destination in Africa, ultimately benefitting the African tourism industry and the continent as a whole”.
La Compagnie Air Côte d'Ivoire devient une réalité
18 May 2012 - L’Etat de Côte d’Ivoire représenté par le Ministre de l’Economie et des Finances et le Partenaire Stratégique constitué par le groupe Air France et le Fonds Aga Khan pour le développement économique (AKFED), l’agence de développement économique du Réseau Aga Khan de développement (AKDN) ont procédé ce jour à la signature de l’Accord Cadre de Partenariat, du Pacte d’Actionnaires et des Statuts de la société Air Côte d’Ivoire, en présence des représentants de l’Etat, des représentants du groupe Air France et du Fonds Aga Khan pour le développement économique (AKFED)/IPS (WA).
President Rahmon and Aga Khan Inaugurate Dushanbe Serena Hotel
01 November 2011 - His Excellency Emomali Rahmon, President of the Republic of Tajikistan, and His Highness the Aga Khan, founder and Chairman of the Aga Khan Development Network (AKDN), today inaugurated the Dushanbe Serena Hotel.
1.5 Million Trees to Be Planted in Kenya by AKDN and Lions Clubs International
19 October 2011 - To address the rapid deforestation taking place in Kenya, the Aga Khan Development Network (AKDN) and Lions Clubs International have teamed up to plant 1.5 million trees in Kenya by June 2012. The programme is part of a broader effort by AKDN institutions to plant 10 million trees by 2014.
Mozambique’s Historic Polana Serena Hotel
16 December 2010 - Mozambique’s Presdient Armando Guebuza and His Highness the Aga Khan inaugurated the refurbishment of the Serena Polana Hotel to its former glory. The Polana, long-considered the "Grande Dame" of Maputo, underwent a multi-year refurbishment. "World-class travel facilities can be crucial components of what we call ‘an enabling environment,’ a setting in which additional development initiatives can take root and thrive," said the Aga Khan.
France and AKDN in Agreement on Development
09 December 2008 - France and AKDN in Agreement on Development - La France devient partenaire de la fondation Aga Khan
Aga Khan Visits Central Asia
01 October 2008 - His Highness the Aga Khan completed a nine-day tour of three central Asian nations during which he met with top government officials.
The Aga Khan Calls for a More Coordinated Effort to Help Afghanistan's Private Sector
04 June 2007 - President Hamid Karzai of Afghanistan, Prime Minister Abdullah Ahmad Badawi of Malaysia and His Highness the Aga Khan, speaking on the “Enabling Environment Conference, called today (Monday) for the private sector to play a greater role in Afghanistan’s development
European Commission and AKDN Sign Joint Declaration Aga Khan discusses EU challenges regarding pluralism, civil society and development
23 January 2007 - Aga Khan discusses EU challenges regarding pluralism, civil society and development.
President Museveni and Aga Khan Inaugurate Kampala Serena Hotel
10 November 2006 - His Excellency President Yoweri Museveni today officially inaugurated the Kampala Serena Hotel in the presence of His Highness the Aga Khan. The opening of the five-star hotel, previously the Nile Hotel, is a milestone for Uganda’s service and tourism industry.
Aga Khan and President Rahmonov Initiate Dushanbe Serena Hotel
30 October 2006 - President Emomali Rahmonov today laid the foundation stone of Dushanbe’s first five-star hotel in the presence of His Highness the Aga Khan.
His Highness the Aga Khan and President Bashar al Assad Meet to Discuss Development Opportunities in Syria
19 June 2006 - His Highness the Aga Khan met with Syria's President Bashar al-Assad and senior government officials to discuss ongoing and future collaboration with the Aga Khan Development Network (AKDN) in the areas of education, microfinance, tourism, culture and health.
Tourism Promotion Services restructures to include Kenya, Tanzania and Zanzibar in its operations
20 March 2006 - TPS Eastern Africa Limited (TPSEAL), was officially listed on the Nairobi Stock Exchange (NSE) today following the success of its recent share exchange offer for Tourism Promotion Services Limited (TPSL).
Response of the Aga Khan Development Network in Pakistan to the Earthquake of 8 October 2005
16 November 2005 - The Aga Khan Development Network (AKDN) in Pakistan, together with its affiliate, Focus Humanitarian Assistance, launched an immediate response to the devastating earthquake of 8th October.
New Development Initiative Launched in Kabul with Opening of 5-star Kabul Serena Hotel
08 November 2005 - The Aga Khan Development Network (AKDN) is pleased to announce that the Kabul Serena Hotel was officially inaugurated today by His Excellency President Karzai and His Highness the Aga Khan.
Energie du Mali: Agreement signed for Public-Private Partnership between IPS (WA) and The Republic of Mali
14 October 2005 - Industrial Promotion Services (West Africa), IPS (WA), the West African affiliate of the Aga Khan Fund for Economic Development (AKFED), has signed a public-private partnership agreement with the Republic of Mali concerning the Energie du Mali (EDM) company.
The Republic of Mali, The Ismaili Imamat and the AKDN strengthen their partnership with Agreement of Cooperation
01 August 2005 - His Excellency Moctar Ouane, Minister for Foreign Affairs and International Cooperation of the Republic of Mali and the Director of the Department of Diplomatic Affairs of the Ismaili Imamat, Dr. Shafik Sachedina, today signed an agreement of cooperation between the Republic of Mali, the Ismaili Imamat and the Aga Khan Development Network (AKDN).
A new airline in Mali
25 February 2005 - The Aga Khan Fund for Economic Development (AKFED) will boost the commercial aviation sector in West Africa with the creation of a new national airline in partnership with the Mali government and private investors.
Aga Khan Attends Inauguration of President Karzai
07 December 2004 - His Highness the Aga Khan today attended the official inauguration of Afghanistan’s President Hamid Karzai, in a ceremony held in the former royal palace in Kabul.
Joint Press Release by the Federal Ministry for Economic Cooperation and Development (BMZ) and the Aga Khan Development Network (AKDN)
07 September 2004 - Partnership Agreement Signed between the Federal Ministry for Economic Cooperation and Development (BMZ) and the Aga Khan Development Network (AKDN).
Darwaz Bridge to strengthen commercial ties and Tajik-Afghan relations
06 July 2004 - Tajikistan’s President Emomali Rahmonov, His Highness the Aga Khan and Afghanistan’s Vice-President Nematullah Shahrani, today inaugurated the Tajik-Afghan Friendship Bridge in Darwaz, which will consolidate permanent overland links between Tajikistan and Afghanistan.
AKFED gets US$7 million loan from IFC for Kabul Serena Hotel
23 June 2004 - The Aga Khan Fund for Economic Development (AKFED) and the International Finance Corporation (IFC), a member of the World Bank Group, charged with promoting private sector investment in the developing world, have signed agreement to finance the refurbishment and expansion of the Kabul Serena Hotel.
Aga Khan Addresses Berlin Conference on Progress in Afghanistan
31 March 2004 - Urges focus on civil society, the “ultra” poor, enabling frameworks and regional impact
Habib Bank: AKFED Pledges Strength, Continuity and Innovation
26 February 2004 - The Privatisation Commission today formally granted the Aga Khan Fund for Economic Development (AKFED) rights to 51% of the shareholding in Habib Bank Limited against a committed investment of Pakistani Rupees 22.409 billion (US$389 million) in accordance with all statutory requirements and the terms of the successful bid as approved by the Cabinet Committee on Privatisation.
Aga Khan and Assad Discuss Syria Development Priorities
16 February 2004 - His Highness the Aga Khan today concluded a three-day official visit to Syria during which he had meetings with President Bashar al-Assad and a series of discussions with Ministers on key development priorities for the country.
Kampala Serena Hotel will spur tourism investment
11 February 2004 - US$18 million investment to refurbish and expand Kampala Serena hotel and conference centre.
President Kibaki and Aga Khan Open State of the Art Apparel Plant in Kenya
19 December 2003 - Ethical and social context of investing for development; cotton sector revival encouraged.
Aga Khan Pledges Enhanced Support for Chitral
04 December 2003 - Over the years ahead, we will be working together to change the quality and nature of the economy of Chitral.
IPS to Get US$32 Million in New Equity for East Africa
17 November 2003 - Industrial Promotion Services (IPS) today announced a capital increase of USD 32.4 million (KSh 2.5 billion) for investments in East Africa to be funded principally by three leading institutional shareholders.
Aga Khan Concludes Visit to Mali: Signature of agreement to expand cooperation
13 October 2003 - His Highness the Aga Khan, Imam (spiritual leader) of the Shia Ismaili Muslims yesterday concluded his four-day official visit to Mali with the signature of an agreement under which the Aga Khan Development Network (AKDN) will work towards launching new initiatives in the country.
“Roshan” promises a bright future for GSM digital services in Afghanistan
26 June 2003 - His Excellency Mr. Mohd. Masoom Stanekzai, Afghan Minister of Communications today made the first test telephone call over Roshan’s state-of-the-art digital GSM wireless network
Aga Khan Development Network Initiates US$25 Million Kabul Hotel Project
20 November 2002 - Prince Amyn Aga Khan, younger brother of His Highness the Aga Khan, today announced a substantial investment by the Aga Khan Fund for Economic Development (AKFED) to initiate tourism, commercial and urban redevelopment in the capital of Afghanistan through the establishment of a world-class hotel in the centre of Kabul.
Aga Khan and Karzai Discuss Afghanistan Rehabilitation Progress
05 November 2002 - Enabling governance structures, focused economic development, sensitive urban revitalisation, mutually supportive regional policies and a strong social service infrastructure were key topics in discussions held here over the past two days between His Highness the Aga Khan, Imam (spiritual leader) of the Ismaili Muslims and President Hamid Karzai, Vice Presidents Hedayat Amin Arsala and Karim Khalili and senior Afghan government ministers.
Aga Khan Places Mountain Solutions on Global Agenda
01 November 2002 - His Highness the Aga Khan, spiritual leader of the Ismaili Muslims, this week demonstrated the argument for optimism as heads of state, international leaders and mountain experts gathered together to mark the end of the United Nations International Year of the Mountains.
AKFED-Led Consortium Wins Afghan Telecom Licence
07 October 2002 - Afghanistan’s second Global System for Mobile Communications (GSM) licence was awarded on Saturday to an international consortium with strong regional connections led by the Aga Khan Fund for Economic Development (AKFED) and comprising Monaco Telecom International (MTI), U.S.-based MCT Corp. and worldwide telecommunications leader Alcatel.
AKFED and IFC Spark New Electricity Supply in Impoverished Eastern Tajikistan
07 October 2002 - $26 million investment will help revive electricity grid on the verge of collapse.
Aga Khan and Karzai Sign Agreement in Kabul
23 March 2002 - His Highness the Aga Khan, Imam (spiritual leader) of the Shia Ismaili Muslims and Mr. Hamid Karzai, Chairman of the Interim Authority of the Government of Afghanistan, today signed an Agreement of Cooperation for Development that establishes an operating framework for the Aga Khan Development Network (AKDN) in Afghanistan.
Aga Khan and Musharraf Discuss Regional Issues
12 March 2002 - New microfinance and tourism initiatives focus on poverty and economic development.
Aga Khan Joins President Musharraf for Inauguration of Islamabad Serena Hotel
11 March 2002 - The inauguration of the Islamabad Serena Hotel by President Pervez Musharraf this afternoon in the presence of His Highness the Aga Khan, Imam of the Ismaili Muslims and Chairman of the Aga Khan Fund for Economic Development (AKFED), marks a US$29 million investment in an insufficiently exploited sector of Pakistan’s economy.
Aga Khan Fund for Economic Development Acquires Hotel Polana
27 February 2002 - Aga Khan Development Network widens its commitment to economic development in Mozambique.
Canada’s Prime Minister Chretien and Aga Khan Discuss Central Asia, Pluralism and Development
30 January 2002 - Canada’s Prime Minister Jean Chretien and His Highness the Aga Khan today together called for an increased commitment to fostering pluralism in societies across both the developing and developed worlds.
Aga Khan Announces US$75 Million for Afghanistan
21 January 2002 - His Highness the Aga Khan, Imam (spiritual leader) of the Shia Ismaili Muslims, today announced at the International Conference on Reconstruction Assistance to Afghanistan a multiyear commitment of US$75 million by the Aga Khan Development Network (AKDN) to help re-build Afghanistan.
Aga Khan and President Assad Agree on Future Collaboration
10 November 2001 - The Aga Khan and Prime Minister Mohammad Mustafa Miro also signed a Framework Development Agreement between the Aga Khan Development Network (AKDN) and Syria. The Agreement will facilitate the effective functioning and optimum utilisation of the human and financial resources that the AKDN would mobilise for Syria. It also establishes an AKDN Representation Office in Damascus.
Aga Khan's Expanding Vision for Central Asia Looks Beyond Current Tensions in the Region
25 September 2001 - New initiatives, pluralism and a commitment to the future of Afghanistan.
AKFED is joined by IFC, EBRD and Governments of Germany and Japan in Launch of Kyrgyz Republic's Largest Bank
29 August 2001 - President Askar Akaev today officially inaugurated the Kyrgyz Investment and Credit Bank (KICB).
Aga Khan Outlines Expanded Development Initiatives for Tanzania
17 August 2001 - Yesterday, Tanzanian President Benjamin Mkapa and the Aga Khan signed an Agreement of Co-operation for Development that further enhances the collaboration between the AKDN and Tanzania by permitting the Network to formalise the establishment of a mission in the country and facilitate the optimal utilisation of resources for the Network's development objectives.
Aga Khan Signs Co-operation Agreement with France
27 April 1999 - France's Minister for Foreign Affairs, Hubert Vedrine, and His Highness the Aga Khan, Imam (Spiritual Leader) of the Ismaili Muslims, today signed an Accord of Co-operation between France and the Association Aga Khan, whose members include some of the principal agencies and affiliates of the Aga Khan Development Network.
Aga Khan Meets Mandela and Chissano in Mozambique
11 August 1998 - His Highness the Aga Khan and President Joaquim Chissano of Mozambique today signed a Development Co-operation Agreement which establishes a mission of the Aga Khan Development Network (AKDN) in Mozambique and lays the framework for AKDN's development activities in the country.
His Highness the Aga Khan delivered the Samuel L. and Elizabeth Jodidi Lecture at Harvard University's Weatherhead Center for International Affairs.
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