Mobility 54

Mobility 54 operates as a corporate venture capital firm, deploying strategic investments into innovative mobility solutions across the African continent. Established as a joint venture between Toyota Tsusho Corporation and CFAO Group, the firm identifies and backs early-stage companies developing new technologies and services in the mobility sector. Its core capability lies in leveraging the extensive operational networks and industry expertise of its parent companies to support portfolio businesses, focusing on creating tangible value through synergistic partnerships.

The venture was established in October 2019, born from an understanding of Africa's evolving mobility landscape and the need for tailored, sustainable transport solutions. Toyota Tsusho Corporation, a member of the Toyota Group, holds a 70% stake, with CFAO Group, deeply rooted in African markets for over 180 years, comprising the remainder. This collaboration leverages their combined legacy in automotive and distribution to foster innovation, providing capital and strategic guidance to emerging mobility startups.

Mobility 54’s ultimate beneficiaries are the diverse populations across Africa, for whom enhanced and accessible transportation is critical for economic development and improved quality of life. The firm’s vision is to catalyze the growth of a robust and forward-looking mobility ecosystem throughout Africa by investing in companies that can scale efficiently and address pressing logistical and accessibility challenges. It aims to empower local innovation and contribute to a sustainable future for mobility on the continent.