From energy to manufacturing, and media to agriculture, the Aga Khan’s investments in Africa extend well beyond philanthropy.

The Aga Khan IV, who died last week at the age of 88, was considered one of the wealthiest (and one of the best-connected) royals in the world. Now his son, Prince Rahim Al-Hussaini, has acceded to th

Prince Rahim succeeds his late father, Prince Karim Aga Khan IV, who passed away on February 4 at the age of 88

His Highness Prince Rahim Aga Khan V on Tuesday received global leaders of the Shia Ismaili Muslim community at his accession Ceremony. The event took place at the Diwan of the Ismaili Imamat in Lisbon, Portugal. The Accession Ceremony marks the formal assumption by the Shia Ismaili Imam, of his role, following the passing of his predecessor.

Rahim Al-Hussaini was named Wednesday as the new Aga Khan, spiritual leader of the world's millions of Ismaili Muslims. The 53-year-old succeeds his father, who died on Tuesday.

Last week, Prince Rahim al-Hussaini ’95 was named the spiritual leader of millions of Ismaili Muslims after his father, the former leader, passed away on Feb. 4. Al-Hussaini is now Aga Khan V, a title given to the 50th imam of the Nizari Ismaili branch of Shia Islam.

Speaking on the occasion, the governor Punjab Sardar Saleem Haider Khan said that he had come to express his condolences to the Ismaili community on the instructions of President Asif Ali Zardari. He said that the Pakistan People’s Party equally shares the grief and sorrow of the Ismaili community on the death of Prince Karim Aga Khan.

The accession ceremony of  Prince Rahim al-Hussaini Aga Khan V as the 50th hereditary Imam of the Shia Ismaili Muslims was held on Tuesday, February 11, in Lisbon, Portugal. The private religious ceremony at the Diwan of the Ismaili Imamat,

Prince Rahim Al-Hussaini has been named the new Aga Khan, spiritual leader of millions of Shia Ismaili Muslims around the world. He will take on the role from his father Prince Karim Aga Khan, who died on Tuesday at the age of 88.

Hussaini, the Aga Khan IV and 49th Imam of Nizari Ismaili Muslims, died February 4. He was 88. The Aga Khan’s eldest son, Prince Rahim Al-Hussaini, has been designated the Aga Khan V.