Industrial Promotion Services

Last updated
Industrial Promotion Services
Company typePrivate
IndustryIndustrial development
Founded1963
Headquarters Nairobi, Kenya
Key people
Lutaf Kassam, managing director
Products Manufacturing, printing, publishing, agribusiness, energy

Industrial Promotion Services (IPS) is the industrial development arm of the Aga Khan Fund for Economic Development (AKFED). AKFED is a member of the Aga Khan Development Network. [1]

Contents

Location

IPS is headquartered in Nairobi, Kenya, and has subsidiaries in Tanzania and Uganda.

Development projects

The development projects that IPS is involved in include:

Ownership

The shareholders in IPS are summarized in the table below: [3]

Industrial Promotion Services stock ownership
RankName of ownerPercentage ownership
1 Aga Khan Fund for Economic Development 51.0
3 German Investment Corporation (DEG)14.5
4Others19.5

See also

References

  1. "About Industrial Promotion Services". Archived from the original on 2014-02-27. Retrieved 2014-02-22.
  2. Bujagali Hydro Power Project
  3. Ownership of IPS