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The 2017 International Ashden Award for Increasing Energy Access will be handed out to Pamir Energy, the first public-private partnership in Tajikistan, for restoring 11 small hydro power plants and upgrading 4,300 km of old transmission and distribution facilities in eastern Tajikistan.

As a result, some 200,000 locals, i.e. 96% of households, are now supplied with 24-hour clean energy, while their average household energy cost are cut from around $98 to $15 per calendar month.

Bamako, Mali, 25 February 2005 - The Aga Khan Fund for Economic Development (AKFED), which forms part of the Aga Khan Development Network (AKDN), will boost the commercial aviation sector in West Africa with the creation of a new national airline in partnership with the Mali government and private investors.

Telia Company sells 60% stake in Tajikistan operator Tcell for $39m to 40% owner Aga Khan Fund for Economic Development

Read more: Telia Tcell Akfed AKDN Tajikistan Ncell Axiata

The Aga Khan Fund for Economic Development (Akfed) has added another telecoms operator to its portfolio by buying Telia Company’s 60% stake in Tajikistan operator Tcell. Akfed already owned the other 40% and is paying just $39 million for the rest.

Akfed owns Afghanistan’s Roshan mobile operator, which in turn also owns Smart Telecom, with businesses in east Africa.

Your Excellency President Museveni
Honourable David Migreko, Minister for Energy
Honourable Ministers
Excellencies
Distinguished Guests

Let me begin by expressing my warmest thanks for your kind introduction and for this wonderful welcome.

By Apolinari Tairo, eTN Tanzania | Dec 02, 2011
TANZANIA (eTN) - East Africa’s leading tourist hotel chain, Serena Hotels, has officially taken over Tanzania’s biggest hotel, the Movenpick Royal Palm Hotel, in the Indian Ocean city of Dar es Salaam.

Previously managed by Mövenpick Hotels and Resorts, the Movenpick Royal Palm Hotel has been rebranded to the Dar es Salaam Serena Hotel effective December 1, 2011 with a new management team.

Prince Karim Aga Khan IV, chairman of Aga Khan Development Network (AKDN), one of the world’s biggest private development groups, and Foreign Minister Dipu Moni sign a protocol at the foreign ministry in the capital yesterday. Prime Minister Sheikh Hasina looks on at the signing. Photo: PID

The Aga Khan Development Network yesterday signed a protocol with the government to operate its organs in Bangladesh as Prince Karim Aga Khan IV arrived in Dhaka on a two-day tour.
The protocol was signed after a meeting with Prime Minister Sheikh Hasina at her office.

The developing world needs more electricity, telephones, clean water, and transport and governments are encouraging the private sector to take a role in providing these basic services. AKFED is responding to the challenge and is looking at infrastructure projects in telecommunications, water and sewerage, and power generation. The Azito project was AKFED's first investment in the power sector; it was followed various other energy projects in East and West Africa as well as Central Asia.

The Largest Private Sector Power Plant in Sub-Saharan Africa

ISLAMABAD: The Aga Khan Fund for Economic Development (AKFED) on Monday gave the highest bid of Rs 22.409 billion ($389 million) for acquiring 51 per cent strategic stake in Habib Bank Limited (HBL). It was the biggest transaction in the history of Pakistan.

(AKDN reports below)

Mumbai: The Aga Khan Fund for Economic Development (Akfed) has infused $5.5 million into the Development Credit Bank Ltd (DCB) thereby increasing its stake to 37.5 per cent from 13.55 per cent.