Industrial Promotion Services Overview

  • Investor Type
  • Impact Investing

  • Status
  • Active

  • Professionals
  • 3

Professionals

  • Investments
  • 30

  • Portfolio
  • 8

  • Exits
  • 14

Exits

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.com
Year Founded
1963
Investor Status
Actively Seeking New Investments
Primary Investor Type
Impact Investing
Other Investor Types
Venture Capital
Corporate Office
  • 11th Floor IPS Building, Kimathi Street
  • P.O.Box 30500
  • Nairobi, 00100
  • Kenya
+254 020

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
You’re viewing 10 of 30 investments and acquisitions. Get the full list »

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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
You’re viewing 10 of 14 exits. Get the full list »

Industrial Promotion Services Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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Industrial Promotion Services Management, Team & Partners (3)

Name Title Deals Funds Boards Office
Aleem Karmali Senior Investment Officer - Infrastructure Global Nairobi, Kenya
You’re viewing 1 of 3 team members. Get the full list »

Industrial Promotion Services FAQs

  • 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.

  • Where is Industrial Promotion Services headquartered?

    Industrial Promotion Services is headquartered in Nairobi, Kenya.

  • How many investments has Industrial Promotion Services made?

    Industrial Promotion Services has made 30 investments.

  • 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.

  • 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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