European Commission and AKDN Sign Joint Declaration
23 January 2007 - President José Manuel Barroso of the European Commission and His Highness the Aga Khan, Founder and Chairman of the Aga Khan Development Network (AKDN), today signed a Joint Declaration that aims to broaden the scope of their collaboration on development endeavours, strengthening civil society institutions, promoting governance and social inclusion, in countries of Central, South and West Asia, sub-Saharan Africa and the Middle East.
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Since its establishment in 2005, the Aga Khan Agency for Microfinance (AKAM) has taken over 25 years of microfinance activities, programmes and banks that were administered by sister agencies within the AKDN. The underlying objectives of the Agency are to reduce poverty, diminish the vulnerability of poor populations and alleviate economic and social exclusion. more
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