In Kenya, IPS companies comprise of several food and agro-processing industries that produce meat, fruit and vegetable products for local, regional and international markets. These companies include: Farmers Choice Ltd. (FCL), Premier Food Industries Limited (PFIL) and Frigoken Ltd. (FKL). Frigoken Ltd., in particular provides agricultural extension services to around 80,000 small scale farmers to produce various agricultural produce including green beans. The beans are processed and exported to European markets. More recently, IPS invested in Allfruit EPZ Ltd. (a subsidiary of PFIL), which processes passion and mango fruit concentrate for export and also engages small scale farmers in its value chain.
Other industrial IPS investments include:
- Leather Industries of Kenya - processes raw skins and hides into finished leather. Recently, IPS established African Leather Industries Ltd., a manufactures of finished leather products for the domestic and international market.
- Alltex EPZ Ltd - manufactures garments for export;
- Botanical Extracts EPZ - produces artemisinin i.e. the raw material for the production of Artemisinin Combination Therapies (ACTs), which is the first line treatment for malaria;
- Allpack Industries Ltd. – manufactures high quality corrugated carton packaging and polypropylene bags for agricultural and consumer goods
Since establishment, and in tandem with policies of the respective governments, IPS has diversified into the privately financed infrastructure projects, e.g. thermal and hydropower plants, telecommunications services, water, etc.
IPS investments in Kenya include the Kipevu II Power Project. This is a 75MW thermal power plant, located in Mombasa that generates power for sale to the Kenyan grid. It was Kenya’s first privately financed “open-bid” project and the first of its kind to be successfully constructed under an updated and more stringent environmental law.
Similarly, IPS co-developed the 17,000km SEACOM submarine cable that links east and south African Countries with other international broadband cables in South Africa, India and Europe. East and southern Africa was the only part of the world that hitherto did not have access to the high quality bandwidth provided by international undersea cables.Today it is not only Mozambique, Tanzania and Kenya, who are directly linked, to the international subsea cables, that benefit from affordable and high quality bandwidth countries connected to these cable via terrestrial optical fibre cables, namely, Uganda and Rwanda, also do. Burundi will also be connected in the near future.