Industrial Promotion Services
Industrial Promotion Services (IPS) is the industrial development arm of the Aga Khan Fund for Economic Development (AKFED). AKFED is a member of the Aga Khan Development Network. Location IPS is headquartered in Nairobi, Kenya, and has subsidiaries in Tanzania and Uganda. Development projects The development projects that IPS is involved in include: * An equity participation in the 74MW Kipevu II Power Plant in Kenya * An equity participation in the 288MW Azito Power Plant in Ivory Coast * An equity participation in the 250MW Bujagali Power Plant in Uganda. Other partners in this project include Sithe Global Power LLC, an American power development company. Sithe Global Power LLC, is owned by the Blackstone Group and Reservoir Capital Group. * Through its Special Purpose Vehicle subsidiary West Nile Rural Electrification Company, an equity participation in the 3.5MW Nyagak I Power Station in West Nile sub-region, in Northern Uganda. Ownership The shareholders in IPS are su ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nairobi
Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper had a population of 4,397,073 in the 2019 census, while the metropolitan area has a projected population in 2022 of 10.8 million. The city is commonly referred to as the Green City in the Sun. Nairobi was founded in 1899 by colonial authorities in British East Africa, as a rail depot on the Uganda - Kenya Railway.Roger S. Greenway, Timothy M. Monsma, ''Cities: missions' new frontier'', (Baker Book House: 1989), p.163. The town quickly grew to replace Mombasa as the capital of Kenya in 1907. After independence in 1963, Nairobi became the capital of the Republic of Kenya. During Kenya's colonial period, the city became a centre for the colony's coffee, tea and sisal industry. The city lies in the south central part of Kenya, at an e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Equity Participation
Equity may refer to: Finance, accounting and ownership * Equity (finance), ownership of assets that have liabilities attached to them ** Stock, equity based on original contributions of cash or other value to a business ** Home equity, the difference between the market value and unpaid mortgage balance on a home ** Private equity, stock in a privately held company ** The equity method of accounting for large investment interests Business, justice and law * Equity (law), in common law jurisdictions * Equity (economics), the study of fairness in economics * Educational equity, the study and achievement of population-proportionate group inclusion and credentialing in education * Intergenerational equity, equality and fairness in relationships between people in different generations (including those yet to be born) * Equity theory, on the relations and perceptions of fairness in distributions of resources within social and professional situations. * Employment equity (Canada), polic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Federal Republic Of Germany
Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the south. Its 16 constituent states have a total population of over 84 million in an area of . It borders Denmark to the north, Poland and Czechia to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in what is now Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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German Investment Corporation
Deutsche Investitions- und Entwicklungsgesellschaft (DEG) is a Development Finance Institution (DFI) and a subsidiary of KfW Group. It was founded in Cologne in September 1962 as a federally owned company by the former Federal President Walter Scheel. Since its foundation, DEG has been headquartered in Cologne. In 2008, DEG moved into a modern, energy efficient office building in the city centre. DEG has 20 representative offices across the world, inter alia in Bangkok, Beijing, Istanbul, Jakarta, Johannesburg, Lagos, Lima, Mexico City, Nairobi, New Delhi, São Paulo and Singapore. In 2021, DEG employed a staff of approximately 650, both in Germany and abroad. DEG generated new business totaling EUR 1.5 billion in 2021 and the balance sheet total amounted to EUR 5.328 billion. Since its foundation, DEG has co-financed almost 1,300 companies in more than 120 countries. With a portfolio of around EUR 9.2 billion in nearly 80 countries DEG is one of the world's largest private-sec ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Northern Region, Uganda
The Northern Region is one of four regions in the country of Uganda. As of Uganda's 2014 census, the region's population was . Districts As of 2010, the Northern Region had 30 districts A district is a type of administrative division that, in some countries, is managed by the local government. Across the world, areas known as "districts" vary greatly in size, spanning regions or county, counties, several municipality, municipa ...: References External links Google Map of the Northern Region of Uganda {{Districts of Uganda Regions of Uganda ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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West Nile Sub-region
West Nile sub-region, previously known as West Nile Province and West Nile District, is a sub-region in north-western Uganda, in the Northern Region of Uganda. Location The sub-region is bordered by the Democratic Republic of the Congo to the south and west, by South Sudan to the north and by the Albert Nile to the east. The town of Arua, is the largest town in the sub-region. Arua lies approximately , by road, northwest of Kampala, the capital of Uganda, and the largest city in that country. Overview West Nile sub-region consists of the following districts, as of July 1st 2021: * Adjumani District * Arua City * Arua District * Koboko District * Maracha District * Terego District * Madi-Okollo District * Moyo District * Nebbi District * Yumbe District * Zombo District * Obongi District The sub-region received its name from being located on the western side of the Albert Nile. Military leader and former president of Uganda, Idi Amin, first gained prominence in the W ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nyagak Power Station
Nyagak Power Station is a mini hydroelectric power plant in Uganda. Location The power station is located across the Nyagak River, in Nyapea Sub-county, Okoro County, Zombo District, in West Nile sub-region, Northern Region. This location is in the town of Paidha, close to the border with the Democratic Republic of the Congo. This location is approximately , by road, south of Arua, the largest town in the sub-region. The coordinates of the power station are 2°25'50.0"N 30°57'50.0"E (Latitude: 2.430556; Longitude: 30.963889). Overview The site and the development concept for the project have been extensively studied, including: * an environmental impact analysis (EIA) by Gissat Technical Consultants Limited in 1997 * a detailed feasibility study and EIA by Harza Engineering in 1998 * an EIA by NORPLAN in 2001 * an Environmental Impact Statement by Environmental Management Associates and the ECON Center for Economic Analysis in 2005. The Nyagak hydropower project, in its fir ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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West Nile Rural Electrification Company
West Nile Rural Electrification Company Limited (WENRECO) is an electric energy generating and distribution company in the West Nile sub-region of the Northern Region of Uganda. WENRECO is a wholly owned subsidiary of Industrial Promotion Services (IPS), the industrial development arm of the Aga Khan Fund for Economic Development (AKFED). AKFED is a member of the Aga Khan Development Network. Overview In 2003, WENRECO, through competitive bidding, won a concession to generate, distribute, and sell electricity in the West Nile sub-region, consisting of eight districts and home to an estimated 2.3 million people. The company owns a 1.5 megawatt heavy fuel electric generator and is part-owner and operator of the Nyagak I Power Station. WENRECO is the implementer and co-funder of the West Nile Rural Electrification Project, which was initiated in 2013. The project targeted electrification of 30 health centers, 60 schools, 250 businesses, and 6,000 households between 2013 and 2015. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions, secondaries and growth equity. As of Q3 2022, the company's total assets under management were approximately US$951 billion, making it the largest alternative investment firm globally. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. The founders named their firm "Blackstone," using a cryptogram derived from the names o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five major unincorporated territories, nine United States Minor Outlying Islands, Minor Outlying Islands, and 326 Indian reservations. The United States is also in Compact of Free Association, free association with three Oceania, Pacific Island Sovereign state, sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Palau, Republic of Palau. It is the world's List of countries and dependencies by area, third-largest country by both land and total area. It shares land borders Canada–United States border, with Canada to its north and Mexico–United States border, with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the List of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bujagali Power Station
The Bujagali Power Station is a hydroelectric power station across the Victoria Nile that harnesses the energy of its namesake; the Bujagali Falls, in Uganda. Construction began in 2007 and concluded in 2012. It was officially inaugurated on 8 October 2012 by Ugandan President Yoweri Museveni and Aga Khan IV in the presence of African politicians and investors. The capacity of the power station is 250 megawatts. The station was the largest hydroelectric energy source in Uganda, at the time it was commissioned. However, the planned Karuma and Ayago power stations would be larger. The funding for the station was a source of some concern, as investors joined and departed from the project. As of July 2014, the plant was managed by Bujagali Energy Limited, which selected Italian contractor Salini Impregilo to develop the project. Location The power station lies across the Victoria Nile, about north-west of the central business district of the city of Jinja and immediately nort ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ivory Coast
Ivory Coast, also known as Côte d'Ivoire, officially the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital is Yamoussoukro, in the centre of the country, while its largest city and economic centre is the port city of Abidjan. It borders Guinea to Guinea–Ivory Coast border, the northwest, Liberia to Ivory Coast–Liberia border, the west, Mali to Ivory Coast–Mali border, the northwest, Burkina Faso to Burkina Faso–Ivory Coast border, the northeast, Ghana to Ghana–Ivory Coast border, the east, and the Gulf of Guinea (Atlantic Ocean) to the south. Its official language is French language, French, and indigenous languages are also widely used, including Bété languages, Bété, Baoulé language, Baoulé, Dyula language, Dioula, Dan language, Dan, Anyin language, Anyin, and Senari languages, Cebaara Senufo. In total, there are around 78 different Languages of Ivory Coast, languages spoken in Ivory Coast. The country has a Religion ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |