Poor infrastructure increases the cost of doing business, thereby ceding advantage to established markets.
Aga Khan Fund for Economic Development (AKFED) director, Anwar Poonawala, told an international conference organised by World Bank affiliate, International Finance Corporation (IFC), and the Financial Times of London that policy makers need to make their economies receptive to private sector participation.
The Aga Khan Fund for Economic Development (AKFED) has a network of more than 90 separate companies which have employed over 35,000 people.
From the finest racehorses to the devotion of 15 million followers, he is used to every privilege and defers to nobody. But it's not necessarily a recipe for contentment and, when his plans are thwarted, there is always a price to pay
Nobody likes to be rejected, but when you are a billionaire spiritual leader unused to having people stand in your way, the consequences tend to be dramatic. Such is the case with the Aga Khan, who for the second time in 13 years has reacted to a perceived slight by turning his back on Britain and looking elsewhere for a welcome.
Portugal Gives Aga Khan Foundation Euro 1 Million to Alleviate Rural Poverty in Mozambique - PORTUGAL GIVES AGA KHAN EURO 1 MILLION TO ALLEVIATE RURAL POVERTY IN MOZAMBIQUE - 2001-12-14Posted July 9th, 2009 by heritage
The Portuguese Agency for Development (Agência Portuguesa para o Apoio ao Desenvolvimento) (APAD) has approved a grant of one million Euros for a long-term rural development programme launched by the Aga Khan Foundation (AKF) and aimed at some 120,000 people in Mozambique's northernmost province of Cabo Delgado.The North Coast Rural Support Programme (NCRSP), initiated by the Aga Khan Foundation (Portugal) last year, seeks to improve the lives of the rural communities in a sustainable and equitable manner by reinforcing their capacity to plan and manage their social and economic developm
Restoration complete, Humayun's Tomb blooms again - AGA KHAN SAYS HERITAGE IS AT RISK AFTER DESTRUCTION OF CULTURAL TREASURES - 2003-04-16Posted July 9th, 2009 by heritage
FOR the first time in 400 years, water channels in the 16th Century Humayun's Tomb were today reactivated to facilitate the water harvesting system in the tomb, making it the largest heritage site in India to have such a system.
The Tomb is also the only site to have a water harvesting system that covers two acres of constructed area and 30 acres of the entire site.
PRESIDENT CHISSANO AND AGA KHAN LAY FOUNDATION FOR AN INTERNATIONAL ACADEMIC CENTRE OF EXCELLENCE IN MOZAMBIQUE - AGA KHAN VISITS MOZAMBIQUE - 2004-06-25Posted July 9th, 2009 by heritage
Restored Humayun's Tomb unveiled - AGA KHAN SAYS HERITAGE IS AT RISK AFTER DESTRUCTION OF CULTURAL TREASURES - 2003-04-16Posted July 9th, 2009 by heritage
As twilight descended over the city on Tuesday, it saw the dawn of a bygone era at Humayun's Tomb as the Aga Khan unveiled the restored gardens of the monument with water flowing in its many fountains. Visitors were taken back in time to the 1560s, when the mausoleum was completed.
The restoration project, for which the Aga Khan Trust for Culture (AKTC) had given US $6,50,000, tried to erase the colonial character the tomb's Moghul gardens had ''wrongly'' acquired over the past decades.
Today, President Clinton, Mrs. Clinton and Secretary of State MadeleineAlbright will convene the first White House Conference on Culture and
Diplomacy to focus on the critical role of culture in the formulation and
conduct of foreign policy in this era of globalization. The conference
will bring together diplomats, artists, scholars and representatives from
the private and non-profit sectors, for a discussion on how to better
integrate cultural concerns into the day-to-day conduct of American foreign
policy and strengthen cultural exchange programs that serve as invaluable
Revival of Afghan capital could hinge on infrastructure - AGA KHAN, MIT, HARVARD TO LAUNCH ARCHITECTURAL WEB SITE - 2002-09-25Posted July 9th, 2009 by heritage
An Islamic spiritual leader has united with Harvard, MIT and six Middle Eastern universities to create a Web site its creators hope will advance architecture throughout the Islamic world.
The Aga Khan, spiritual leader of the Ismaili Muslims, also hopes to link war-torn places such as Sarajevo and Kabul to the Web, empower women and foster East-West dialogue through the site, which took four years to create.
LE SECRETAIRE GENERAL EST ATTRISTE PAR LA MORT DU PRINCE SADRUDDIN AGA KHAN - CONDOLENCES - 2003-05-16Posted July 9th, 2009 by heritage
La déclaration suivante a été communiquée aujourd'hui par le porte-parole du Secrétaire général, M. Kofi Annan:Le Secrétaire général a appris avec tristesse la mort du Prince Sadruddin Aga Khan, ancien Haut Commissaire des Nations Unies pour les réfugiés, philanthrope et ami de longue date des Nations Unies.
Nakhoda Masjid: A magical blend of form and aesthetics to create volume and space - RESTORE PROP FOR MUSLIM ARCHITECTURE - 2003-05-29Posted July 9th, 2009 by heritage
The majestic form and prominence of Nakhoda Masjid, in the din and bustle of central Calcutta, the remarkable mosque of Prince Ghulam Mohammad in Tollygunge, or the intricate stucco work and surface decoration on Nawab Wajid Ali Shah's tomb in Metiabruz.
Lead Architect and Landscape Architect Selected for University of Central Asia Campuses - ARCHITECT SELECTED FOR UNIVERSITY OF CENTRAL ASIA CAMPUSES - 2004-06-25Posted July 9th, 2009 by heritage
His Highness the Aga Khan has announced the selection of the lead architect and the landscape architect for the three sites of the University of Central Asia. The three campuses, in Tekeli, Kazakhstan; Naryn, Kyrgyz Republic; and Khorog, Tajikistan, are being conceived as innovative 'university parks'.
New bridges to provide vital food access - AFGHANISTAN: NEW BRIDGES TO PROVIDE VITAL FOOD ACCESS - 2002-07-25Posted July 9th, 2009 by heritage
The construction of five new bridges by the Aga Khan Foundation between the remote northeastern Afghan province of Badakhshan and the southeastern Badakhshoni Khui province in Tajikistan, will help improve the food situation in extremely vulnerable areas, aid workers told IRIN on Thursday. Both provinces are very mountainous, difficult to reach and are geographically isolated in economic terms.
The Aga Khan, spiritual leader of the world's estimated 15 million Ismaili Muslims and one of the world's richest men, is planning to build a museum in midtown Toronto to house valuable collections of Islamic art -- the first of its kind in the English-speaking world.
The museum will also include an academic and cultural centre focused on the study and practice of pluralism.
New Cellphone Firm Vows End to Afghan Frustrations - NEW CELLPHONE FIRM VOWS TO END AFGHAN FRUSTRATIONS - 2003-07-25Posted July 9th, 2009 by heritage
War-battered Afghanistan, where using a cellphone is a frustratingly hit-and-miss affair, will get its second GSM network on Sunday, and the company providing it vows to make failed calls a thing of the past.
TDCA Ltd, trading under the name Roshan, meaning 'light' in the Dari language, is owned by a consortium grouping the Aga Khan Fund for Economic Development, Monaco Telecom International (MTI), U.S.-based MCT Corp and French telecoms giant Alcatel.
Spiritual leader of Ismailis Prince Karim Aga Khan called on General Pervez Musharraf and Prime Minister Mir Zafarullah Khan Jamali here on Wednesday and discussed matters pertaining to mutual interest with them.
Aga Khan held detailed talks with Mr Jamali on the prospects of investment in various fields especially the telecommunication, financial, and social sectors.
LESSONS FROM THE DEVLELOPING AND THE DEVELOPED WORLDS - H.H. THE AGA KHAN TO RECEIVE U OF T HONORARY DEGREE - 2004-06-17Posted July 9th, 2009 by heritage
If University of Toronto education students get a 'holier than thou' feeling from their convocation speaker this year, it's only because it is his Highness, the Aga Khan, a direct descendent of the Prophet Muhammed.
The Muslim spiritual leader will be in Toronto on Friday to receive an honorary doctor of laws from the university for his 'outstanding contributions to community service, higher education and philanthropy,' university officials said.
His Highness the Aga Khan is the 49th hereditary Imam, or spiritual leader, of the Shia Imami Ismaili Muslims.
New Development Initiative Launched in Kabul - AFGHANISTAN OPENS LUXURIOUS SERENA HOTEL - 2005-11-08Posted July 9th, 2009 by heritage
The Aga Khan Development Network (AKDN) is pleased to announce that the Kabul Serena Hotel was officially inaugurated today by His Excellency President Karzai and His Highness the Aga Khan. The opening of the restored and expanded Kabul Serena Hotel, the former Kabul Hotel, is a milestone in Afghanistan's post-conflict redevelopment.Designed by award-winning architect Ramesh Khosla, the Kabul Serena Hotel will provide Kabul with much-needed accommodation for visitors to the city and will constitute an important post-war resource for Kabul residents.
May 9, 2003
By Syed Saleem Shahzad
KASHMIR IN FOCUS
New start, new ideas and new faces
KARACHI - With both India and Pakistan appearing ready to make a paradigm shift in their policies on Kashmir, proposed talks on the disputed territory can be expected to be more precise and practical than the last abortive round in Agra in India in July 2001, and could result in a change in the region's political map.
Lutyens will walk around city to see what Lutyens built - LUTYENS WILL WALK AROUND CITY - 2003-10-04Posted July 9th, 2009 by heritage
Sir Edwin Lutyens' buildings will be getting special visitors on October 6. For the first time, Sir Edwin's grandson Charles along with his cousins will visit the buildings designed by the legendary architect in the Capital.
The three are part of a 38-member group on a five-day tour to India, organised by the Lutyens Trust in London and the INTACH's London chapter.
Charles Lutyens is a trustee of the UK Lutyens Trust, an educative charity that protects and preserves Sir Edwin's works and offers maintenance.
Education Minister Zobaida Jalal said Tuesday that the education budget is expected to be further enhanced to Rs. 12.5 billion this year compared to last year and the shortage of textbooks would be over soon. 'Our budget requirements are huge: We are talking about anything from Rs. 12.5 billion, yet it will depend on the resources of the government, she said speaking as the chief guest at the Euro 20 million (about Rs. 1.28 billion) grant signing ceremony between Aga Khan Foundation Pakistan and European Commission (EC) for the Northern Pakistan Education Project (NPEP).