
Climate-Focused VC Firm Satgana Secures €8 Million for Early-Stage Startups in Africa and Europe
Satgana, a venture capital (VC) firm specializing in climate solutions, announced the final close of its first fund.
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The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, has proposed plans to invest up to US $7 million in the Moroccan proptech startup Yakeey.
Founded in 2023 by Karim Beqqali and headquartered in Casablanca, Yakeey has developed a digital real estate platform that brings together buyers, sellers, agencies, developers, and financial institutions on a single marketplace to streamline property transactions.
The proposed IFC equity stake is part of Yakeey’s Series A fundraising round, which also involves the founder’s holding company, several family offices, venture-capital firms and individual angel investors.
Yakeey positions itself as more than just a listings portal: the company integrates tools for property search, valuation, finance and notarial formalities in one ecosystem, to tackle inefficiencies and opacity in Morocco’s real-estate market.
The new funds raised would enable Yakeey to further develop its product offerings, deepen its presence in the local market and begin its international expansion.
For the IFC, the investment aligns with its strategy of backing innovative African startups that digitize critical economic sectors — in this case, the real-estate industry in Morocco.
In turn, for Yakeey, the backing of such a global institution is a strong signal of validation for both the startup and the Moroccan proptech ecosystem.
Yakeey has emerged in just two years as one of Morocco’s leading technology-driven real-estate platforms, and if the IFC investment goes ahead, it will mark a significant milestone both for the company and for the wider local tech and real-estate sectors.

Satgana, a venture capital (VC) firm specializing in climate solutions, announced the final close of its first fund.

South African fintech startup Littlefish has secured $9.5 million in Series A funding to accelerate the growth of its merchant services platform across Africa, as demand rises for better digital tools to support small businesses.

Connect Money, an Egyptian fintech company specializing in Banking-as-a-Service (BaaS), has successfully closed its seed funding round at $8 million.