History

In the early 1960s, His Highness the Aga Khan established the first IPS projects to encourage and develop private enterprise in countries in Sub-Saharan Africa, Central and South Asia.

AKFED creates in partnership with the State of Côte d’Ivoire, Industrial Promotion Services (West Africa)..

IPS(WA) opens its capital to Financial Institutions

The capital breaks down as follows:
AKFED : 40,90% State of Côte d’Ivoire : 15,00% SFI (International Finance Corporation) : 15,00% DEG (German Development Agency) : 9,00% BICICI (BNP-PARIBAS) : 8,00% SAPRIM : 1,99% SGCI : 1,75% Others : 8,36%