Aga Khan, the billionaire spiritual leader and businessman, has passed away at the age of 88. He died on February 4, 2025, in Lisbon. His funeral is today, February 8, in Lisbon, followed by a private burial in Aswan, Egypt.
Aga Khan’s Influence on Kenya’s Media
Aga Khan transformed Kenya’s media industry. In 1959, he founded Nation Media Group, which is now East Africa’s largest media house. It owns Daily Nation, The East African, and other leading publications. His investment in independent journalism shaped Kenya’s news landscape.
Aga Khan’s Impact on Tourism and Hospitality
Aga Khan played a key role in Kenya’s tourism sector. Through the Aga Khan Fund for Economic Development (AKFED), he established Serena Hotels. The luxury chain operates top-rated hotels and lodges across Africa. In Kenya, it is known for high-end service and eco-friendly tourism.
Investments in Banking and Insurance
Aga Khan also influenced Kenya’s financial sector. AKFED holds significant stakes in Diamond Trust Bank (DTB) Kenya Ltd and Jubilee Holdings Ltd. These institutions have strengthened banking and insurance services in the country. His investments created jobs and boosted Kenya’s economy.
Contributions to Healthcare and Education
Aga Khan made lasting contributions to healthcare and education. Established in 1958, Aga Khan University Hospital remains a top medical institution in Kenya. It provides advanced healthcare services and medical training. Aga Khan Schools offer quality education, helping to develop future leaders.
Lasting Legacy
Aga Khan’s death marks the end of an era. However, his impact on Kenya’s economy, media, healthcare, and education will endure. His business ventures and philanthropy continue to shape lives across the country.