Industrial Promotion Services

Industrial Promotion Services
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]

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
Rank Name of OwnerPercentage Ownership
1Aga Khan Fund for Economic Development51.0
2International Finance Corporation15.0
3German Investment Corporation (DEG)14.5
4Others19.5

See also

External links

References

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