Grow with developing countries, including those in Africa, and endeavor to solve social issues through business operations
The Toyota Tsusho Group undertakes local infrastructure development, industrial development, job
creation, and other measures to resolve social issues in developing countries in Africa and other
regions through its automotive business and other business activities.
In Kenya, for example, we worked as a strategic business partner in a national project aimed at supporting the realization of the country’s national vision. We used the results as a pilot model to promote the autonomy of local residents and to support the growth of the Toyota Tsusho Group through initiatives such as improving living environments by developing basic infrastructure and providing opportunities for occupational training.
<Pick Up> Supplying Electric Power in Non-electrified Regions of Kenya
In July 2019, Toyota Tsusho invested in Powerhive Inc., a U.S.-based start-up that supplies electric power in non-electrified regions of Kenya.
The development of distribution grids has not advanced in Sub-Saharan Africa, and, as a result, approximately 600 million people there live without electricity. Powerhive, the first private company to acquire a license to sell electricity in Kenya, builds and installs mini-grids that combine solar power generation systems with storage batteries, providing stable electric power to people and improving business and incomes for poultry farmers by supplying electricity, thereby contributing to the development of regional society from the aspects of both power supply and support for ancillary businesses.
Toyota Tsusho will continue to use its networks and knowledge in Africa to expand business with Powerhive in Kenya and go on to develop business in other countries.