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The entrance of the newly refurbished Polana Serena Hotel.

AKDN / Filipe Branquinho

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Acquired by IPS, the clothing factory Moztex in Mozambique's capital had several goals; to provide …

AKDN / Zahur Ramji

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On Ibo Island, Mozambique, AKF helps to increase rural incomes by promoting enterprise development. It works …

AKDN / Lucas Cuervo Moura

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Mozambique | Economic Development


AKF provides employment training and support for 650 people per year

The entrance of the refurbished Polana Serena Hotel. AKDN / Jon Ivins
The entrance of the refurbished Polana Serena Hotel.

AKDN / Jon Ivins

Industrial and Infrastructure Development

AKDN has made several investments to help Mozambique’s economy gain momentum in a sustainable and locally-sensitive way. The Aga Khan Fund for Economic Development (AKFED) has invested in tourism infrastructure through a concession in the Polana Serena Hotel, Maputo, obtained in 2002. Following several renovations and construction, the hotel has 154 rooms and eight villas.

Since 2002, AKFED has invested in a restoration programme, using the best local materials and artisans to incorporate service improvements, product upgrades and enhancements to the five-star hotel, its facilities, guest rooms and conference venues.

Textile Factory

AKFED’s Industrial Promotion Services (IPS) group has invested in Moztex S.A, which manufactures ready-to-wear garments. Nearly 2,000 people have gone through the in-house training programmes since 2008. Today, the company employs over 750 employees, of whom the majority are women. In 2020 the factory exported approximately 3.1 million garments.


IPS has invested in SEACOM, which launched Africa’s first broadband subsea cable system along the eastern and southern coastlines in 2009. Connecting South Africa, Mozambique, Tanzania, and Kenya to the Middle East and Europe, SEACOM’s cable system also connects inland countries such as Uganda and Rwanda to supply fast Internet connectivity.

SEACOM is now a major pan-African service provider, offering a full suite of resilient and scalable data services that allow Africa’s growing ICT community to develop and evolve.

The SEACOM business division provides the African enterprise market with best-in-class connectivity and cloud services. For more information, visit