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East Africa
Location
IPS Building, Kimathi Street, Nairobi, Kenya
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West Africa
Location
62, Boulevard Schoelcher - Cocody Republique de Cote d'Ivoire
Location
IPS Building, Kimathi Street, Nairobi, Kenya
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Frequently Ask Questions
- What’s the full acronym for IPS?
- IPS stands for Industrial Promotion Services.
- Can you explain the primary focus of IPS?
- IPS is the infrastructure and industrial development arm of the Aga Khan Fund for Economic Development (AKFED), an affiliate of the Aga Khan Development Network (AKDN). Through our group of companies, IPS invests in and manages industrial project companies to create solutions to pressing economic and infrastructural needs. Our activities are rooted in sustainability.
- When and why was IPS established?
- IPS was initially established in Kenya (March 1963) before independence, to promote private sector development. The prime objective of IPS was to identify and mobilise private finance in Sub-Saharan Africa and Asia, discover overseas partners, and promote industrial and infrastructure enterprises within each country’s framework. At the time of IPS's establishment, mobilising local and foreign private capital was challenging, thus IPS adopted a fundamental approach of taking a significant equity stake in its projects as opposed to providing loans thereby being partners in progress.
- In which geographical regions is IPS present?
- We are present in East Africa, West Africa and Central Asia regions.
- How many companies are part of the IPS group?
- IPS has 20+ project companies globally
- How do I subscribe to the IPS Newsletter?
- Click on the link to subscribe to the newsletter
- What is the mission and vision of IPS?
- Vision: To be leaders of industrial and infrastructure development, by re-engineering and developing our businesses to be vehicles that capture economic value by improving quality of life, protecting and restoring nature. Mission: To contribute to the economies of Sub-Saharan Africa and Asia through the mobilisation of private finance, identification of relevant partners, provision of technical assistance and managerial support to promote green industrial enterprises and infrastructure development within the framework of each country’s economic planning.
- How can I apply for a job at IPS?
- Explore Our People or get in touch
- What sectors or industries do you focus on for sustainable investments?
- IPS is in the process of greening its businesses as well investing in the green sector. Currently we have invested in both industry and infrastructure projects including: Agro Industry (Frigoken, Farmer's Choice, Premier Foods, Botanical Extracts, Ivoire Coton, Sn Sosuco, Faso Coton). Renewable Power (Bujagali Energy, Ruzizi III Energy, WENRECo, Pamir Energy, Azito Power). Other Industries (Allpack, TLL Printing and Packaging, Filtisac, Moztex). Healthcare (Kampala Pharmaceuticals Industries (1996), EACPC). Telecommunications (SEACOM, Roshan, Tcell).
- Does IPS have a green sector initiative?
- Yes. We are currently building an arm dedicated entirely to investing and managing new sustainable businesses and those focused on the environment.
- Why is IPS now focusing on investing in the green sector?
- IPS is mindful of the latest climate science, which demonstrates the risks that climate change presents to our business, society and the planet now and in the future. Therefore, we are at the forefront of sustainable development and are partnering with green businesses to reshape the narrative of environmental stewardship.
- Where can I find the social media of IPS?
- Linkedin
Twitter
YouTube
