ABOUT THE
Aga Khan Fund for Economic Development
As an international development agency dedicated to promoting entrepreneurship and building economically sound enterprises in the developing world, the Aga Khan Fund for Economic Development (AKFED) often works in parts of the world that lack sufficient foreign direct investment. AKFED operates as a network of affiliates with more than 90 separate project companies employing over 65,000 people. In 2019, it had consolidated revenues of US$4.5 billion.
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49%
Access to electricity is essential for a basic standard of living. In Uganda, the Bujagali Hydropower Project provides clean and reliable power that supplies nearly half (49%) of the electricity in the country, helping to drive economic growth.
6.5 million
The AKDN project company Roshan, Afghanistan's leading telecommunications operator, provides mobile phone services to more than 6.5 million Afghans.
17,000 km
AKFED has helped address bandwidth problems in Africa through investments in SEACOM, the first company to connect South and East Africa to Europe and South Asia with 17,000 km of undersea fibre optic cables.