CFAO Mobility has completed the acquisition of Toyota and Hino distribution activities in Ghana, marking a key expansion in its strategy within West Africa.
Target Information
CFAO Mobility has successfully acquired Toyota and Hino distribution operations in Ghana from Toyota Ghana Limited, with the completion of the deal occurring on December 31, 2025. This acquisition is significant as it designates Ghana as the 38th country in which CFAO Mobility establishes its distribution footprint for Toyota vehicles, thereby enhancing its operational presence across the African continent.
The acquisition represents a critical move for CFAO Mobility, allowing it to integrate further into the automotive market within West Africa. By taking control of the distribution activities, CFAO aims to leverage its resources and expertise to improve the accessibility of Toyota vehicles in the region.
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Industry Overview in Ghana
The automotive industry in Ghana has experienced notable growth in recent years, driven by increasing consumer demand and growing economic stability. This growth has been suppor
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