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 2020, it had combined revenues of approximately US$ 4 billion.
More
10 million
Each year, in collaboration with its partners, the AKDN generates electricity for 10 million people who were previously without reliable energy supplies.
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.
$4.5 billion
In 2019, the Aga Khan Fund for Economic Development generated revenues of US$ 4.5 billion. All surpluses were reinvested in further development activities.