Aga Khan Fund for Economic Development

Overview

The Aga Khan Fund for Economic Development (AKFED) is a private development agency established by His Highness the Aga Khan to promote economic development in developing countries. AKFED operates a diverse portfolio of investments across various sectors, including hospitality, infrastructure, education, healthcare, and media. In Uganda, AKFED has made significant contributions to the tourism and hospitality industry through its Serena Hotels brand, notably with the establishment and operation of the Kampala Serena Hotel. This five-star hotel, inaugurated in 2006, has played a pivotal role in enhancing Uganda's tourism sector by providing world-class accommodation and conference facilities. AKFED's investments aim to stimulate economic growth, create employment opportunities, and improve living standards in the regions where it operates. The organization's approach emphasizes sustainable development, cultural sensitivity, and the empowerment of local communities, aligning with its broader mission to foster economic development in developing countries.

Investment Focus

• Focus on sustainable development
• Cultural sensitivity
• Community empowerment
• Economic growth stimulation
• Employment creation
• Infrastructure development
• Education and healthcare improvement
• Media and communication enhancement
• Agricultural development
• Energy and power generation
• Financial services expansion
• Telecommunications infrastructure
• Technological innovation
• Transport and logistics improvement
• Real estate development
• Tourism and hospitality investment
• Environmental conservation
• Social impact initiatives
• Governance and institutional strengthening
• Regional integration and trade facilitation

Portfolio Companies