Toyota Kenya’s parent company buys shareholding in Tibu Health

BDMEDICINE (1)

Tibu connects people to healthcare workers real time. FILE PHOTO | SHUTTERSTOCK

Toyota Kenya’s parent company CFAO Group has increased its venture funding in the country with the recent financing of Tibu Health, a medical technology company which will use the new unspecified capital to find solutions to chronic illnesses.

Health54, the healthcare-dedicated venture capital arm of CFAO Group did not disclose the funding but said the investment is expected to help Tibu continue its growth strategy.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.