In Summary
- The Real Estate industry in Africa is projected to reach approximately US$17.64 trillion by the end of 2025.
- As of December 2024, 340 Real Estate Startups in Africa had received a total of $29.2 million in seed funding.
- Nigeria, Egypt, the Democratic Republic of Congo, and Tanzania are the countries with the largest housing deficit as of 2025.
- Africa currently faces a housing deficit of at least 51 million housing units and requires an estimated a1.4 trillion to curb the deficit.
Deep Dive!!
The African real estate technology sector—also known as Property Tech or PropTech—has witnessed significant growth, with numerous companies leveraging technology to revolutionize property transactions, management, and development. The growth has positioned the sector to become one of the continent’s largest industries in terms of financial value.
According to Statista, the African real estate market is projected to reach approximately US$17.64 trillion by the end of 2025, with the residential real estate segment dominating at around US$14.87 trillion. Experts say this indicates a significant growth potential with a projected annual growth rate of 5.58% until 2029. The Real Estate market in Africa is largely driven by urbanization and rising demand for housing, particularly in countries like Nigeria and Kenya where the residential real estate market is experiencing a surge due to population growth.
The Centre for Affordable Housing Finance in Africa (CAHF)—an independent think tank working to support and grow housing markets in Africa, has revealed that the continent faces a significant housing deficit, with an estimated shortfall of at least 51 million housing units. The largest deficits are seen in countries like Nigeria, Egypt, the Democratic Republic of Congo, and Tanzania, with Nigeria alone estimated to have a housing deficit of around 28 million units.
Furthermore, the International Finance Corporation (IFC) estimated that a minimum of $1.4 trillion is needed to address the housing deficit in Africa—which is expected to reach 130 million units by 2030. Many experts however believe that the deficit would be reduced and the sector will defile the odds against current projections due to the surge in real estate tech startups springing up across the continent.
These real estate tech startups are significantly impacting the African real estate market by increasing accessibility, transparency, efficiency, and affordability, particularly through online platforms for property listings, virtual tours, data analytics, and smart building technologies. They open up the market to a wider range of potential buyers and investors while streamlining processes for developers and property managers who have created a bottleneck in the system for many decades. Below, we have highlighted the top 21 real estate tech starts in Africa in 2025.
21 Real Estate Tech Startups Making a Difference in Africa 2025, Check them out!
Note: This list is in no particular order!
- Mubawab – Morocco: Founded in 2010, Mubawab is an online platform that lists real estate properties available for sale and rent in Morocco, providing users with a comprehensive database of property options. The startup has raised a total of $17,850,000 in funding.
- Jumba – Kenya: Jumba is a construction tech platform founded in 2022, the platform streamlines the B2B purchase and financing of construction materials, simplifying the supply chain for developers and contractors. The startup has received $5,500,000 in seed funding to date.
- HouseME – South Africa: HouseME is a digital rental specialist offering a platform that connects landlords and tenants, providing a seamless rental experience. It was founded in 2015 and has received $3,000,000 in funding to date.
- PropertyPro – Nigeria: Founded in 2013, PropertyPro.ng is a real estate property search platform in Nigeria, offering users a wide range of property listings for sale and rent. The startup has raised $1,440,000 in funding to date.
- Nawy – Egypt: Nawy is Egypt’s proptech platform founded in 2016 that allows users to browse houses online using customizable criteria, facilitating the property search process. The startup has raised $5,000,000 to date in seed funding.
- Estate Intel – Nigeria: Founded in 2014 by Dolan Awoyemi, Estate Intel provides data and insights on the African real estate market, monitoring over 5,000 market players and 3,000 projects across the continent. The startup has raised $610,000 in funding to date.
- Spleet Africa – Nigeria: Spleet Africa offers a platform that connects landlords with vetted tenants, providing flexible rent payment options and property management solutions.
- Flow Living – South Africa: Flow Living is a proptech startup that enhances the rental experience by rewarding good tenant behaviour and streamlining communication between landlords and tenants.
- Shelter Afrique – Kenya: Shelter Afrique is a pan-African finance institution supporting the development of affordable housing and real estate sector growth across Africa.
- 14Trees – Malawi: Founded in 2020, 14Trees is a joint venture between Lafarge Holcim, British International Investment (BII), and Amazon’s Climate Pledge Fund. It specializes in pioneering 3D printing technology to construct sustainable buildings, including affordable housing and schools, primarily in Africa. The company is led by CEO and Managing Director François Perrot.
- CoFundie – Ghana: CoFundie is a crowdfunding platform founded in 2019 that enables individuals to invest in real estate projects, focusing on sustainable and affordable housing developments. It has received $100,000 in seed funding to date.
- Naija Property Market – Nigeria: Founded in 2021, Naija Property Market is a real estate marketplace connecting buyers, sellers, and renters with a wide range of property listings across Nigeria.
- VENCO – Nigeria: Founded in 2022, VENCO is an all-in-one community management solution for multi-unit residential and commercial communities, offering tools for efficient property management. The startup received a pre-seed funding of $670,000.
- Seso Global – Nigeria: Founded in 2017 by Daniel Bloch, Uka Eje, and Maame Yaa, Seso Global is a digital land transactions platform that facilitates blockchain-based land transactions between property owners and financial institutions. The startup received seed funding of $600,000.
- Partment – Egypt: Founded in 2021, Partment is an Egyptian digital platform that offers hassle-free second home ownership, allowing users to co-own vacation properties.
- Lyve – Egypt: Founded in 2016, Lyve is turning compounds into communities by providing a platform that enhances community living experiences. The startup received Series A funding of $600,000.
- Plentify – South Africa: Plentify integrates smart technology into homes to manage energy consumption efficiently, contributing to sustainable living.
- BuyRentKenya – Kenya: BuyRentKenya is a property portal that connects buyers, sellers, and renters with real estate opportunities across Kenya.
- Kenai – South Africa: Kenai utilizes artificial intelligence to provide property valuation and investment analysis, aiding stakeholders in making informed decisions.
- Vizibiliti Insight – South Africa: Vizibiliti Insight offers predictive analytics for the real estate market, helping investors and developers assess market trends and risks.
- RE-TEC – South Africa: RE-TEC specializes in real estate technology solutions, providing tools and platforms to enhance property management and transactions.
