AKDN invested in the packaging industry in the 1960s to assist with cocoa exports. Today we work in the agribusiness sector and electricity generation, providing social welfare, education and services to raise the quality of life for workers, their families and their communities.
1960s
AKDN has worked in Côte d’Ivoire since the 1960s
US$ 650 million
Azito Energy is valued at US$ 650 million
1960s
AKDN has worked in Côte d’Ivoire since the 1960s
US$ 650 million
Azito Energy is valued at US$ 650 million
His Highness the Aga Khan
Sharm el-Sheikh, February 2016
Economic Development
600,000
IPS’s job creation and living standards improvement work benefit 600,000 people
We have expanded from jute sack manufacturing into cotton production and cashew nut processing, demonstrating that raw materials can be processed profitably within Africa. We operate Azito Energy, the biggest private-sector power plant in Sub-Saharan Africa. All profits are reinvested into other development activities.
Social Development
134,000
134,000 people gained access to drinking water in North Côte d’Ivoire
Social development programmes in the locations surrounding the economic development projects have included literacy classes for adults, education for children, health care, developing water-related infrastructure and helping farming communities to diversify their incomes.
Microfinance
1 in 3
One in three borrowers are women
We established Première Agence de Microfinance Côte d’Ivoire (PAMF-CI) in 2008. With a rural focus, PAMF-CI extends loans for agriculture, livestock and small enterprises. It offers group loans based on a social guarantee, with repayment after the output of the final product.