Toyota Tsusho has agreed to buy an 85% stake in Softbank's renewable energy unit, SB Energy, which owns and operates 773 MW of renewable energy assets in Japan, including 667.1 MW of solar and 55.9 MW of wind capacity.
Japanese companies have historically been wary of committing to Africa. But with investment lagging compared to rival China and other global powers, Tokyo is urging its private sector to become much more active on the continent
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