Fabrice Koffi wants to conquer Africa with his accounting app

By : Aïsha Moyouzame

Date : lundi, 21 février 2022 13:50

Last updated : lundi, 28 février 2022 04:00

In collaboration with Bertrand Dago and Terrence Kondou, Fabrice Koffi, MD of Dothan Group, has developed a simplified accounting application to revolutionize small businesses. The solution -Keiwa- has been successfully deployed in Côte d'Ivoire and is now targeting the entire continent.

Fabrice Koffi (pictured) holds a degree in accounting and has several years of experience in various consulting firms, as administrative and financial manager of Agritecno West Africa, and as partner and co-manager of Urim Thummim Conseil. With five years of experience in supporting Ivorian VSEs and SMEs, he decided to found his startup Dothan Group in 2017.

He teamed up with Bertrand Dago, a senior technician in electronic and computer systems, and Terrance Kondou, an engineer with a background in computer engineering, to create Keiwa. The solution is an accounting, financial management, and inventory management app that allows traders to manage their accounting easily.

The three young Ivorians share a common vision, which is to educate, support and empower informal sector entrepreneurs through simplified accounting.

The app was first launched in 2017 in Senegal before being rolled out in Côte d'Ivoire in 2020. It is designed to help African VSEs and SMEs track their daily operations, multi-site structures, as well as partners offering services to these companies. "The user can record his daily operations, manage his supply and have access to a clear activity report in real-time. Keiwa also enables remote monitoring of these activities and selective sharing of information with selected partners," according to information available on the Keiwa website.

In December 2017, the solution won the Coup de Cœur prize at the Societe Generale’s Pan-African Hackathon l'Arbre. Two years later, Keiwa was part of the second cohort of MTN Côte d'Ivoire's acceleration program, Y'ello Startup. In 2021, the startup joined the portfolio of I&P Acceleration Technologies, and benefits from financing and strategic support provided by the investment body and the team of Comoé Capital in Côte d'Ivoire.

Fabrice Koffi and his associates hope to make Keiwa a multinational company present in all countries of the African continent.

Aïsha Moyouzame

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