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Toyota Tsusho buys 9.5 percent stake in Kenyan IT firm Seven Seas

Toyota Tsusho has bought a 9.5 percent stake in Kenyan information technology firm Seven Seas for a reported $3 million, the Kenyan firm said on Friday.

The purchase, which was carried out by Toyota Tsusho's subsidiary, CSV Africa, a venture fund it established in 2014, values the Kenyan firm at 3.2 billion shillings ($31.4 million).

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