In the news

    Read about our Foundation, PartnershipsInAction and the Aga Khan Development Network in the news. Sign up for the AKDN in the News e-newsletter here.

  • A new 2.5 kilometer road connecting the Khorog Intercity Road to the Dasht Village was completed by the University of Central Asia (UCA) recently. The two-lane Dasht road is part of several infrastructure projects completed by UCA, which are essential for full-scale construction to begin, and have employed to some 250 local residents. The road took five months to complete and connects the University’s Khorog main campus site to the upper Dasht plateau, where many local communities reside.

  • Aga Khan Foundation - India Extends Humanitarian Support to Afghanistan

    August 19, 2014 - Yahoo! News, Neelapu Shanti

    The Aga Khan Foundation and Aga Khan Development Network (AKDN) have been working in Afghanistan for nearly two decades now. Dr. Matt Reed, CEO, Agha Khan Foundation, India said, "India's contributions to Afghanistan’s development through the AKDN have been substantial. We have a large number of Indians that have worked for us in Afghanistan, bringing their knowledge from a whole variety of sectors, ranging from world development health care, education, financial services, mobile telephony and other sectors." The engagement started in 1995, during Afghanistan's civil war.

  • FMIC Expands Services, Health Programs

    August 19, 2014 - Afghanistan Times, Akhtar M. Nikzad

    The French Medical Institute for Children (FMIC) laid the cornerstones of the mother and child house, Postgraduate Medical Education Program building extension, and staff house in its existing campus in order to expand effective health services and programs in Afghanistan aimed at serving needy Afghans better. Ms. Nurjehan Mawani, the Diplomatic Representative of the Aga Khan Development Network (AKDN) in Afghanistan, said that “FMIC has achieved excellence in many fields in healthcare in Afghanistan.

  • At least 7,500 people in Gilgit-Baltistan’s (G-B) Ghizer and Hunza valleys in Pakistan will benefit from drinking water and sanitation programs being launched by the German government in collaboration with a local NGO. The facilities were inaugurated by German Ambassador to Pakistan Dr. Cyrill Nunn. He was accompanied by German First Secretary Barbara Voss and officials of the Aga Khan Development Network (AKDN). Speaking on the occasion, Dr.

  • Aga Khan University Set to Expand

    August 15, 2014 - The Citizen

    The Aga Khan University (AKU) in Tanzania is set for major expansion to make it a multidisciplinary university of international standing in the East African region. The key decision follows conclusions made at a meeting chaired by His Highness the Aga Khan that brought together trustees from five countries spanning three continents, held in Arusha last week.

  • Aga Khan Hospital in Dar es Salaam is now poised to handle heart-related complications thanks to the opening of a new heart treatment laboratory. The new lab at the renowned private hospital is a state-of-the-art facility that provides Tanzanians access to cutting-edge cardiac medical services and saves patients from the expensive trips abroad. Read the full article in IPP Media here.

  • Diamond Trust Bank Rights Issue Oversubscribed by 340pc

    August 13, 2014 - Capital Digital Media, Kennedy Kangethe

    Diamond Trust Bank’s (DTB) Rights Issue that kicked off on June 30 from targeting to raise Sh3.63 billion has been oversubscribed by 340 percent. The Rights Issue received total subscription of 96 million shares worth Sh16 billion against a target of 22 million shares. Speaking to Capital FM Business, DTB Group Chief Financial Officer Alkarin Jiwa says the oversubscription shows confidence of their shareholders in the group.

  • Reviving Tourism: 39 Countries Invited to Silk Route Festival

    August 8, 2014 - The Express Tribune, Shabbir Mir

    The Gilgit-Baltistan (G-B) government has invited 39 countries to participate in the Silk Route Festival starting in September in the region. So far 16 countries have confirmed their participation. The five-day event will start from September 10—an inaugural ceremony has been scheduled for Islamabad, Pakistan where foreign dignitaries will be briefed. The dignitaries will be hosted in Shigar Fort, which has won several awards after it was renovated by the Aga Khan Trust for Culture.

  • Aga Khan, EALA to Collaborate in Higher Education Promotion

    August 8, 2014 - Daily News, Marc Nkwame

    Speaker of the East African Legislative Assembly (EALA), Dr. Margaret Nantongo-Zziwa, has reiterated the East African Community’s commitment to enhancing access to quality education as a precursor to greater investments in the education sector and creation of more job opportunities. Dr. Zziwa made the remarks when she received the Aga Khan’s Resident Representative in Uganda, Ambassador Mahmood Ahmed, at the EALA offices in Tanzania.

  • China Outpaces U.S. in African Energy Investment

    August 7, 2014 - Scientific American, Daniel Cusick and ClimateWire

    Uganda is also in the midst of a major hydropower expansion, with a series of dams being constructed on the White Nile, which originates from Lake Victoria in the country's south-central region. One recent major U.S. investment in a Ugandan energy project was the construction of the 250-megawatt Bujagali hydropower plant, completed in 2012 at a cost of $900 million. That project was a joint venture between the Aga Khan Fund for Economic Development and Sithe Global Power LLC, the U.S.-based energy development arm of Blackstone Capital.

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