Tech startups Keiwa and Legafrik benefit from seed funding and strategic support from I&P

CÔTE D’IVOIRETwo Ivorian start-ups operating in the tech sector Keiwa and Legafrik have joined the portfolio of the I&P Acceleration Technologies program, a program aimed at financing and supporting around fifteen digital start-ups in Sub-Saharan Africa.

Investisseurs & Partenaires (I&P) is an impact investment group dedicated to African Small and Medium Enterprises.

These two companies will benefit from seed funding and strategic support, provided by I&P Acceleration Technologies and the Comoé Capital team, an I&P partner in Côte d’Ivoire.

Keiwa and Legrafrik are two young Ivorian companies, having in common to offer tech services specifically dedicated to small and medium-sized African companies.

Legafrik is the first digital platform to simplify legal, administrative, tax and accounting procedures for the countries of the OHADA area. The platform allows entrepreneurs and VSEs / SMEs a dematerialized process, saving time and financial gain.

Legafrik was co-founded by two young Ivorians, Youssouf Ballo and Daouda Diallo.

Keiwa is a simplified accounting, financial management and inventory management application created in 2019 and managed by three young Ivorians, Fabrice KOFFI, Bertrand DAGO and Terrence KONDOU.

The application is intended for African SMEs, with a need to monitor their daily operations, multi-site structures, as well as partners offering services to these SMEs (for example suppliers, financial institutions, telecom operators).

I&P Acceleration Technologies is a 2.5 million euros (US$2.99m) program that finances and supports around fifteen digital start-ups in Sub-Saharan Africa, with a focus on West Africa, Central Africa and Madagascar.

The program sets up the necessary tools to train and technically support the selected entrepreneurs, according to their needs. These different tools allow entrepreneurs to improve their chances of future fundraising, amplify their impacts and, more generally, support the tech ecosystem. 

With these two new financings, I&P Acceleration Technologies has so far made it possible to finance 5 companies, including Teliman, the very first on-demand motorcycle-taxi service in Bamako in Mali, SmartPredict, a SaaS platform using artificial intelligence for predictive analyzes that help companies in the deployment of their projects, and Jiro-Ve, a pioneer company in rural electrification in Madagascar.

I&P Acceleration Technologies is funded by AFD through the Digital Africa initiative. AFD group implements France’s policy on development and international solidarity.

It finances, supports and accelerates the transitions towards a more coherent and resilient world. Its teams are involved in more than 4,000 projects in the field, in overseas territories, in 115 countries and territories in crisis, for common goods – climate, biodiversity, peace, gender equality, education or even health. AFD thus contributes to the commitment of France and the French in favor of the Sustainable Development Goals.

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