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Business deals

Mitsui enters fiber-optic market in Africa

Japanese rading house partners with Google, World Bank lender in Nairobi

TOKYO -- Mitsui & Co. has established a fiber-optic company in Kenya with Google and others in hopes of capturing robust demand for high-speed telecom services in Africa.

The partners, which also include the World Bank group lender International Finance Corp. and a South African investment fund, set up CSquared in Nairobi. 

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