Mobility 54 Investment SAS (“Mobility 54”) – the corporate venture capital subsidiary of Toyota Tsusho Corporation (“Toyota Tsusho”) and CFAO SAS (“CFAO”) – has decided to invest in Fleetsimplify Inc. (“Fleetsimplify”) and Drive to Own Pty Ltd. (“Drive to Own”). Fleetsimplify operates a management platform for the owners of ride-hailing business vehicles in Kenya, while Drive to Own engages in the vehicle finance business in South Africa. The two companies were selected in the 2022 Digital Transformation Challenge for Africa, a pitch event for startups in Africa held on August 29 and 30, and the investment is to be made as an award to them. The investment amount is 50,000 USD for Fleetsimplify and 100,000 USD for Drive to Own.