The Aga Khan Fund for Economic Development (AKFED) is an international development agency dedicated to promoting entrepreneurship and building economically sound enterprises in the developing world. We often work in parts of the world that lack sufficient foreign direct investment. We operate as a network of affiliates, with more than 90 separate project companies employing over 55,000 people. In 2021, we had group revenues of approximately US$ 4 billion.
125
AKFED has an interest in 125 companies.
55,000
These companies employ over 55,000 employees.
US$ 4 billion
Our combined revenues are approximately US$ 4 billion per year. All profits are reinvested into development projects.
125
AKFED has an interest in 125 companies.
55,000
These companies employ over 55,000 employees.
US$ 4 billion
Our combined revenues are approximately US$ 4 billion per year. All profits are reinvested into development projects.
His Highness the Aga Khan
Athi River, Kenya, December 2003
Financial Services
AKFED has a financial interest in banks and insurance companies in Africa and Asia, enhancing financial inclusion and reinvesting all profits into development.
Industrial Promotion Services
Industrial Promotion Services has operated since the 1960s to encourage and expand private enterprise, providing employment, infrastructure and goods and services.
Tourism Promotion Services
AKFED’s Tourism Promotion Services runs environmentally sustainable hotels to encourage tourism and associated economic benefits in underserved regions.
Media Services
Nation Media Group is the largest multimedia house in East and Central Africa, founded to promote independent voices, diversity and freedom of expression.
AKFED Companies
AKFED companies provide employment and skills enhancement, supply goods and services vital for development, and generate economic growth and government income.