
SA’s Nile Secures $11.3 Million to Help Digitize Agriculture and Empower Southern African Farmers
South African agri-tech startup Nile has secured $11.3 million in funding to expand its operations across Southern Africa.
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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.

South African agri-tech startup Nile has secured $11.3 million in funding to expand its operations across Southern Africa.

Nigerian agritech startup Zebra CropBank has secured a significant investment to boost its mission of transforming the lives of smallholder farmers across Africa.

South African investment firm Edge Growth has successfully raised $2.1 million through the ASISA Enterprise and Supplier Development (ESD) Fund to further empower growth-stage small and medium enterprises (SMEs).