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 Ltd. (PFIL) and Frigoken Ltd. (FKL). Frigoken Ltd., in particular provides agricultural extension services to around 70,000 small scale farmers to produce various agricultural produce including green beans. The beans and other vegetables are processed and exported to European markets. IPS also invested in Allfruit EPZ Ltd. (a subsidiary of PFIL), which processes mango and yellow passion fruit to puree and juice for the domestic and export markets, also to some extent engaging 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 manufacturer of finished leather products for the domestic and international market.
- Alltex EPZ Ltd - manufactures apparels for export;
- Botanical Extracts EPZ - produces a host of crude extracts, refined extracts and phytochemicals from botanical raw materials that are locally available within East Africa
- 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, and telecommunications services.
IPS investments in Kenya include the Kipevu II Power Project. This is a 75MW thermal power plant, located in Mombasa, 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 has invested in SEACOM, which launched Africa’s first broadband subsea cable system along the eastern and southern coastlines in 2009, bringing with it a vast supply of high quality and affordable Internet bandwidth. Connecting South Africa, Mozambique, Tanzania, and Kenya to the Middle East and Europe, SEACOM’s cable system also connects inland countries such as Uganda & Rwanda.
Since then, SEACOM has moved beyond being a cable operator to become a major pan-African service provider, offering a full suite of resilient and scalable data services that allow Africa’s growing ICT community to develop and evolve.
The SEACOM Business division leverages this infrastructure and last-mile partnerships to provide the African enterprise market with best-in-class connectivity and Cloud services at highly competitive prices. Its offerings include fibre Internet access with options ranging from 25Mbps up to 1Gbps. For more information, visit http://seacom.mu/