Mobility startup Kai Senegal secures seed investment from Mobility 54 Investment

SENEGAL – YEEG SAS, a company that operates ride-hailing startup Kai Senegal, has secured a seed investment from Mobility 54 Investment SAS, the corporate venture capital subsidiary of Toyota Tsusho Corporation and CFAO SAS. The Toyota Tsusho/CFAO collaboration hopes to assist local inventive solutions to the many difficulties that public transportation in West African countries faces, such as poor service quality, insecurity, and traffic congestion, through Mobility 54’s participation. Kai’s novel business strategy will enable Toyota Tsusho to serve a new type of customer and provide all of its expertise…

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