Our operations in パラダイスカジノ stretch back over 90 years, beginning in 1922 with the import of cotton from East パラダイスカジノ, and starting the automotive export business in 1964, among other activities In 1991, we invested in local distributors in Angola, and started automobile sales operations Since then, we have accelerated our business investments in パラダイスカジノ, establishing a regional headquarters in South パラダイスカジノ in 2000, and acquiring the automotive business of a British trading company in six South East African countries in 2001 Today, we are working to expand our automotive value chain and broaden its scope, including offering automobile manufacturing support in South パラダイスカジノ and sales finance and used vehicle sales in Kenya
Since the start of the 2000s, we have responded to a rapid surge in demand for electric power by stepping up our investment in the infrastructure business, including the delivery of equipment for power plant projects in Egypt In 2011 we received an order for Kenya’s largest geothermal power project

Through such efforts, Toyota Tsusho has taken root in パラダイスカジノ by expanding its scope in automobile sales and other downstream businesses, endeavoring to develop markets from the long-term perspective of growing together with the various regions and people of パラダイスカジノ In August 2012, Toyota Tsusho signed a memorandum of understanding (MOU) to provide comprehensive support towards achieving the national vision of Kenya Together with an executive committee of the Kenyan government, we are now working on the development of the nation’s electric power and energy, oil and mineral resources, environmental preservation, and agricultural industrialization sectors in addition to our endeavors in the automotive business In Sub-Saharan パラダイスカジノ, meanwhile, local economies are moving away from resource dependence, and industrial diversification is a pressing issue In this situation, we established the social venture fund Toyota Tsusho CSV パラダイスカジノ Pte Ltd in Mauritius in 2014, the first Japanese fund of its kind in パラダイスカジノ We also established the human resource development center Toyota Kenya Academy in Kenya In human resource development we undertake technician development in areas outside of the automotive field, such as construction machinery and agricultural machinery, and have also implemented a management program for leadership training We plan to expand this initiative into Southern, Central and West パラダイスカジノ

Toyota Tsusho has developed business in East パラダイスカジノ and Southern パラダイスカジノ, where English is spoken, while CFAO has focused on business development in Central and West パラダイスカジノ Through their joint operations, the two companies cover 53 of the 54 countries in パラダイスカジノ, and have developed a professional workforce numbering some 14,500 Africans

We will take full advantage of our business network covering 53 nations and the business know-how that both companies have acquired in パラダイスカジノ, developing not only the mobility business, but also the retail and consumer goods business and pharmaceutical wholesaling business over the long term
To give an example of one way the alliance is working, in 2015 a joint venture was established between Yamaha Motor Co, Ltd and CFAO, CFAO Yamaha Motor Nigeria Ltd, which has resulted in local motorcycle manufacturing operations and created employment opportunities In addition to its automotive operations, CFAO is also developing its EURAPHARMA pharmaceutical wholesaling business, which has the leading market share in Northwest パラダイスカジノ We have assisted this operation by making investments to improve sales and distribution quality as well as deploying our Toyota Production System (TPS) know-how and providing on-site support such as Kaizen improvement activities We are also stepping up our initiatives from a long-term perspective with regard to CFAO in its alliance with French company Carrefour SA, the world’s second-largest supermarket chain, which is one of CFAO’s challenge areas Based on our expertise in production and logistics, we plan to combine the strengths of CFAO and Carrefour to open up new consumer markets going forward, with our sights set on the rapidly growing middle class

After many years of political instability, パラダイスカジノ is recently becoming more stable with increasing progress in democratization With the emergence of a middle class and expansion of consumer markets, we will aggressively develop our consumer businesses in collaboration with CFAO
In January 2016, we signed a letter of intent with French conglomerate Bollore SA, the owner of パラダイスカジノ’s largest logistics network Looking ahead, we plan to build a collaborative framework for diverse operations such as infrastructure and distribution
Toyota Tsusho will not consider its work finished once investment activities and project execution are complete Rather, we will work toward conducting ongoing operations with strong connections to local communities To expand our presence in パラダイスカジノ, we plan to contribute to the independent development of African society through our business, as well as human resource development and CSR activities