Aga Khan Foundation (AKF) - Aga Khan Development Network (AKDN)

Donor: 
Any donor
Private Foundations
Geographical focus: 
Global
Africa
East Asia and the Pacific
Middle-East
South Asia
Thematic focus: 
Tourism in general
Infrastructure in Tourism
Trade, Investment and Competitiveness in Tourism
Sustainability of natural resources in Tourism
Intro text: 
The Aga Khan Foundation (AKF), alongside its sister Aga Khan Development Network (AKDN) agencies, has implemented innovative, community-driven solutions to development challenges for more than 45 years. It focusses on a small number of specific development problems by forming intellectual and financial partnerships with organisations sharing its objectives. With a small staff, a host of cooperating agencies and thousands of volunteers, the Foundation reaches out to vulnerable populations on four continents, irrespective of their race, religion, political persuasion or gender.

Official website

http://www.akdn.org/akfed.asp

Geographic focus

The Fund is active in 17 countries in the developing world: Afghanistan, Bangladesh, Burkina Faso, Burundi, the Democratic Republic of the Congo, India, Ivory Coast, Kenya, Kyrgyz Republic, Mali, Mozambique, Pakistan, Senegal, Syria, Tajikistan, Tanzania and Uganda.

Who can apply?

The Foundation is largely an implementing organisation rather than a grant-funding agency.

Grants: local organisations.

Does not fund programmes in countries where it does not have a presence. The Foundation does not fund construction (except for buildings that it owns).

No grants to individuals in response to personal needs or for travel bursaries.

Objectives and activities

AKFED is an international development agency dedicated to promoting entrepreneurship and building economically sound enterprises in the developing world. AKFED focuses on building enterprises in parts of the world that lack sufficient foreign direct investment. It also makes bold but calculated investments in situations that are fragile and complex.

AKFED operates as a network of affiliates with more than 90 separate project companies employing over 47,000 people, with revenues of US$ 3.5 billion in 2013.

AKFED’s Tourism Promotion Services (TPS) seeks to develop tourism potential in selected areas in the developing world, particularly in under-served regions. It builds, rehabilitates and manages hotels and lodges that contribute to economic growth and the overall investment climate in an environmentally and culturally sensitive manner.

TPS often seeks to develop properties in less-travelled areas that require accommodation of an international standard - accommodation that supports tourism and business development - but which often are ignored by commercial hotel chains.

Type and level of funding

Investments, scholarships.