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Mobility 54 Investment SAS is a corporate venture capital firm focused on Africa, created as a joint venture between Toyota Tsusho Corporation and CFAO. According to the firm, it is a mobility dedicated CVC for Africa and serves as the group’s investment arm for new technologies and services in mobility sectors on the African continent. Mobility 54 is based in France and is backed by Toyota Tsusho and CFAO, which together operate a large automotive and distribution network across Africa. Mobility 54 makes early and transformational investments in companies that use innovative mobility technologies and services to address social and industrial challenges in Africa. In practice, it has participated in seed and pre Series A financings, including investments in Nigeria and Senegal. Its portfolio includes African startups such as ETAP in Nigeria, Autochek in Nigeria, and KAI ñu dem in Senegal, reflecting activity across fintech, e commerce and retail, and travel and mobility. The firm states that it is committed to solving social challenges in Africa with innovative mobility solutions and to supporting portfolio companies through the on the ground networks of Toyota Tsusho and CFAO. Mobility 54 also engages in collaborative initiatives such as pitch events and thematic challenges, and invests alongside other local and international investors active in the African startup ecosystem.
