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June 9, 2020

COFIMA joins MGI Worldwide with CPAAI in Benin, West Africa

By Zoya Malik

MGI Africa welcomes new member COFIMA, in Benin, West Africa

Specialists in the field of information systems, auditing, accounting, finance and consulting, COFIMA works with clients of all sizes to adopt increasingly sophisticated working methods that take into account the development of modern management techniques and accounting, auditing and professional standards.

As a firm, COFIMA pride themselves on their 5 key values: customer service satisfaction, the valuing of their employees, professional competence, the firm’s independence, and innovation. Their goal is to grow a profitable business and to establish themselves as one of the leading firms in the region.

The firm’s Key Contact for the network is Managing Director Jean-Claude Avande whose main areas of expertise include Audit, Tax and Advisory services. Jean-Claude is supported by Partners Thomas Gbessoua and Jean Michel Avande as well as around 20 employees.

“It is clear to see the benefits to be had through increasing our international visibility and we are confident that, having researched a number of accounting networks,  MGI Worldwide with CPAAI is best fit for our firm, comments Jean-Claude Avande.”

A brief introduction to Benin

Formerly known as Dahomey, Benin is located in West Africa, where it borders Togo to the west, Nigeria to the east, Burkina Faso to the north-west and Niger to the north-east. Benin has a 121-kilometer-long coastline on the Gulf of Guinea and a population of close to 11.5 million (2018).

Benin’s economy has continued to strengthen over the past years. It is one of Africa's largest cotton producers, with cotton accounting for 13% of the GDP and roughly 40% of official export receipts. Economic activity has been accelerating, driven by vibrant port activity and a sound agricultural sector buoyed by record cotton production and the diversification of emerging export sectors. In recent years the government has followed an ambitious action plan to kickstart development through investments in infrastructure, education, agriculture, and governance.

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