The Aga Khan Fund for Economic Development (AKFED) is the for-profit agency of the Aga Khan Development Network (AKDN). It works to stimulate the private sectors of developing economies, providing capital for investment into long-lasting and sustainable development initiatives. All profits are reinvested in further development.
Its industrials and infrastructure arm, Industrial Promotion Services (IPS), works on infrastructure, agribusiness, packaging and telecommunications projects in Africa and Asia.
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $68.5m | East Africa | Infrastructure | June 2016 | Active |
| Investment 02 | $3.62m | East Africa | Infrastructure | May 2019 | Active |
| Investment 03 | $698.6k | East Africa | Infrastructure | December 2024 | Active |