Industrial Promotion Services Overview
- Investor Type
-
Impact Investing
- Status
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Active
- Professionals
-
3
- Investments
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30
- Portfolio
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8
- Exits
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14
Industrial Promotion Services General Information
Company Description
Industrial Promotion Services (IPS) is the infrastructure and industrial development arm of the Aga Khan Fund for Economic Development, which in turn is a member of the Aga Khan Development Network. Founded in 1963, IPS is a provider of venture capital, technical assistance and management support to private enterprises. The company provides industrial and infrastructure development through capital and technical support to encourage and expand private enterprise in the developing world.
Business Details
Website
ipsgroupco.comYear Founded
Investor Status
Primary Investor Type
Other Investor Types
Corporate Office
- 11th Floor IPS Building, Kimathi Street
- P.O.Box 30500
- Nairobi, 00100
- Kenya
Industrial Promotion Services Investments & Acquisitions (30)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
---|---|---|---|---|---|---|
EOH Network Solutions | 19-Jul-2022 | Buyout/LBO | IT Consulting and Outsourcing | Generating Revenue | ||
Africell (Uganda Infrastructure Assets) | 09-Feb-2022 | Buildings and Property | ||||
Hirani Telecommunications Metro Fibre Network | 27-Oct-2021 | Buildings and Property | Generating Revenue | |||
FibreCo Telecommunications | 14-Nov-2018 | Fiberoptic Equipment | Generating Revenue | |||
Central Asian Telecommunications | 07-Sep-2016 | Telecommunications Service Providers | Generating Revenue | |||
The First MicroFinance Bank | 23-Nov-2015 | Consumer Finance | Generating Revenue | |||
Smart Burundi | 14-Apr-2014 | Telecommunications Service Providers | Out of Business | |||
Moztex | 01-May-2008 | Clothing | Generating Revenue | |||
Bujagali Energy | 21-Dec-2007 | Joint Venture | Energy Production | Generating Revenue | ||
Seacom (Internet Service Providers) | 15-Nov-2007 | Buyout/LBO | Internet Service Providers | Generating Revenue |
Industrial Promotion Services Exits (14)
Company Name | Exit Date | Exit Type | Exit Size |
---|---|---|---|
Frigoken | 01-Oct-2023 | Secondary Transaction - Private | |
Smart Burundi | 18-Aug-2022 | ||
Moshi Leather Industries | 01-Jan-2021 | ||
TLL Printing and Packaging | 01-Jan-2021 | ||
Leather Industries of Kenya | 01-Jun-2020 | ||
Alltex EPZ | 01-Feb-2020 | ||
Central Asian Telecommunications | 14-Jan-2020 | ||
Moztex | 01-Mar-2019 | ||
Botanical Extracts EPZ | 01-Feb-2019 | Out of Business | |
Uganda Fishnet Manufacturers | 01-Dec-2018 | Out of Business |
Industrial Promotion Services Investments by Industry, Year, and Region
Industrial Promotion Services Management, Team & Partners (3)
Name | Title | Deals | Funds | Boards | Office |
---|---|---|---|---|---|
Aleem Karmali | Senior Investment Officer - Infrastructure Global | Nairobi, Kenya |
Industrial Promotion Services FAQs
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What is Industrial Promotion Services?
Industrial Promotion Services (IPS) is the infrastructure and industrial development arm of the Aga Khan Fund for Economic Development, which in turn is a member of the Aga Khan Development Network.
-
When was Industrial Promotion Services founded?
Industrial Promotion Services was founded in 1963.
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Where is Industrial Promotion Services headquartered?
Industrial Promotion Services is headquartered in Nairobi, Kenya.
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How many investments has Industrial Promotion Services made?
Industrial Promotion Services has made 30 investments.
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What has Industrial Promotion Services invested in?
Industrial Promotion Services has made numerous investments in companies like EOH Network Solutions, Africell (Uganda Infrastructure Assets), and Hirani Telecommunications Metro Fibre Network within the IT Consulting and Outsourcing and Buildings and Property industries.
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What has Industrial Promotion Services invested in recently?
Industrial Promotion Services's latest investment was on 19-Jul-2022 in EOH Network Solutions, a company within the IT Consulting and Outsourcing industry.
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