×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

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).

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902