Finance / Kenya
Toyota Acquisition Plan: Further Signs Of Sub-Saharan Africa Primed For Investment Surge
July 2011 | Corporate Financing AnalysisJapan's Toyota Motor is looking to acquire a 50% stake in a Kenyan truck and bus producer, as it sees the commercial vehicle segment as a key area for growth. This echoes BMI's view that the commercial vehicle segment in Kenya and the wider sub-Saharan African region is attracting investment, due to the growth of other key sectors such as infrastructure and agriculture.
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