Twenty-two Japanese companies and organizations, including Toyota Tsusho Corp., concluded Sunday a total of 73 memorandums of understanding with African governments, businesses and others on providing financial and technological assistance.
The deals, signed in the Kenyan capital of Nairobi, will cover projects including geothermal power generation and urban transportation system development.
Toyota Tsusho, a trading house, concluded memorandums of understanding with the governments of Kenya and Ethiopia to strengthen cooperation in ground surface surveys for the development of geothermal power generation. From the early stages of development, the company will provide the two countries with proprietary technology that raises the success rate of test drilling.
