Moroccan prop-tech startup, Yakeey, has raised $15 million in Series A funding as it accelerates plans to build a digital, transaction-led real estate infrastructure for Africa’s housing and property markets.
The funding round, led by a consortium of prominent international and regional investors, marks one of the most significant venture capital raises in Morocco’s nascent prop-tech sector and signals growing investor confidence in technology-driven solutions for Africa’s real estate challenges.
Founded in 2023 by entrepreneur Karim Beqqali, Yakeey aims to digitise and streamline the continent’s highly fragmented real estate value chain by bringing developers, buyers, tenants, investors, and advisers onto a single integrated platform.
“This capital raise affirms the vision that has been driving us since day one: to make real estate more accessible, transparent, and efficient for everyone, while empowering professionals in the sector,” said Beqqali.
Building a transactional backbone for real estate
Unlike traditional property listing platforms, Yakeey is positioning itself as a transactional infrastructure layer for real estate, one that goes beyond discovery to enable financing, data-driven decision-making, and end-to-end deal execution.
The company’s platform integrates artificial intelligence, market data, and human-assisted financial services to reduce friction across property transactions, improve transparency, and expand access to housing and real estate investment opportunities.
Africa’s real estate markets remain largely informal, with limited data visibility, fragmented intermediaries, and inefficient transaction processes.
Yakeey’s model seeks to address these structural gaps by digitising interactions across the value chain and lowering barriers for both professionals and end-users.
A strong mix of global and regional investors
The Series A round attracted a diverse group of institutional and venture capital investors, including the International Finance Corporation (IFC), a member of the World Bank Group; Beltone Venture Capital, a leading Egyptian venture capital firm; Enza Capital, a pan-African, multi-stage venture capital fund; and CDG Invest, through its 212 Foundersprogramme.
For IFC, the investment represents a strategic milestone. According to Farid Fezoua, Global Director for Private Equity and Venture Capital at IFC, Yakeey is the organisation’s first venture capital equity investment in Morocco.
“By digitising the real estate value chain and bringing together transactions, financing, and data on a single platform, Yakeey will expand access to housing and enable financing for households across the country,” Fezoua said.
He added that the investment is expected to catalyse job creation through the expansion of Yakeey’s professional network, YakeeyPro, while strengthening the broader real estate and technology ecosystem.
Addressing Africa’s housing and transparency gap
Africa faces a growing housing deficit driven by rapid urbanisation, population growth, and limited access to formal mortgage financing. At the same time, opaque pricing, manual processes, and trust deficits continue to constrain real estate investment across the continent.
By embedding data analytics and AI-driven insights into property transactions, Yakeey aims to improve price discovery, reduce information asymmetry, and support more informed investment decisions. The platform also seeks to professionalise real estate advisory services by equipping agents and developers with digital tools that enhance efficiency and accountability.
Investors view this combination of technology, data, and transaction enablement as a critical lever for unlocking capital flows into housing and commercial real estate.
This investment will also catalyse job creation – through the growth of the YakeeyPro network and the broader ecosystem – while driving innovation that makes real estate more transparent and efficient. We’re proud to support a Moroccan technology champion with the potential to scale across Africa,” Fezoua said.
Scaling beyond Morocco
While Yakeey’s initial focus is on Morocco, the company has made clear its ambition to expand across key African markets where similar structural inefficiencies exist. The fresh capital will be deployed to deepen product development, expand partnerships with financial institutions and developers, and support regional expansion.
As Africa’s prop-tech ecosystem matures, Yakeey’s approach reflects a broader shift away from pure listings towards infrastructure-driven platforms capable of supporting transactions at scale.
With backing from global development finance institutions and regional venture capital firms, Yakeey is positioning itself at the intersection of housing access, financial inclusion, and digital transformation, an increasingly important space as Africa’s cities continue to grow.
Talking Points
Yakeey’s $15 million Series A highlights a growing shift in African prop-tech away from simple property listings towards full transactional infrastructure. Investors are increasingly backing platforms that can move money, data, and trust, not just eyeballs.
What stands out is IFC’s participation, marking its first venture capital equity investment in Morocco. This signals strong institutional confidence in Yakeey’s model and underscores real estate digitisation as a development priority, not just a commercial opportunity.
At Techparley, we see Yakeey’s approach as timely. Africa’s housing challenge is as much about inefficient systems and poor data as it is about supply. By digitising the value chain, Yakeey is addressing the friction that keeps capital, developers, and buyers from meeting effectively.
The company’s focus on AI, data, and human-enhanced finance positions it beyond traditional prop-tech plays. This hybrid model acknowledges that real estate transactions in Africa still require human trust layers alongside automation.
However, execution will be critical. Real estate remains deeply local, highly regulated, and relationship-driven. Scaling across African markets will depend on Yakeey’s ability to navigate regulatory complexity while maintaining platform consistency.
If successful, Yakeey could help formalise real estate markets, unlock housing finance, and professionalise advisory services, making it one of the few African prop-tech startups capable of shaping market structure, not just participating in it.
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