| Company type | Private |
|---|---|
| Industry | Industrial development |
| Founded | 1963 |
| 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]
IPS is headquartered in Nairobi, Kenya, and has subsidiaries in Tanzania and Uganda.
The development projects that IPS is involved in include:
The shareholders in IPS are summarized in the table below: [3]
| Rank | Name of owner | Percentage ownership |
|---|---|---|
| 1 | Aga Khan Fund for Economic Development | 51.0 |
| 3 | German Investment Corporation (DEG) | 14.5 |
| 4 | Others | 19.5 |