For Example, AKFED developed green bean farming in Kenya by providing 50,000 farmers with technical assistance and buying their produce for export to Europe.
To this end, AKFED provides training in administrative, managerial, and marketing skills with the aim of fostering locally owned enterprises.
AKFED operates in conjunction with private donors, international economic organizations and individual governments to address constraints and hindrances to development.
Since the 1960s, the agency has supported a group of enterprises under the Industrial Promotion Services (IPS), each of which was conceptualized to spur investment and increase activity in the corporate sectors of developing countries.
However, with the international climate largely favouring countries with export-oriented economies in place of popular import substitution industrialization (ISI), IPS adjusted its approach.
[8] One of the agency's earliest holdings was the Diamond Trust Bank of Kenya and Uganda, founded in 1930, the aim of which was to use locally generated funds to create loans for small business and the construction of homes.
[12] Within the IPS, AKFED operates in conjunction with international economic organizations, private donors and individual governments to resolve issues of electricity and water supply, as well as communications infrastructure.
Currently, the agency is working to establish the Pamir power plant in Tajikistan, the aim of which is to reinvigorate the country's economy and resolve electricity inadequacies.
Paying attention to cultural values as well as environmental issues, TPS creates a wide variety of tourist facilities that generate sustainable community capital, stimulate local economic growth and promote positive investment opportunities.
[16] Under the brand name Serena, TPS constructs and maintains a multitude of resorts, hotels and other tourist attractions that serve to stimulate local economic growth through increased employment, development of a skilled workforce, increased productivity of local businesses (particularly in the design and craft spheres) and the general development of given areas.
In regions that are neglected by commercial tourism corporations, TPS aims to develop facilities that meet the international standards for hospitality, accommodation and service.
While seeking to stimulate economic growth and generate sustainable capital, TSP aims at protecting and maintaining the local environment.