The real estate world across Africa is yet another industry being disrupted by tech, and is quickly moving to the online space.  This is one startup sector which sees funding announcements galore. So Disrupt Africa decided it’s time to list our five African online real estate startups to watch.

meQasa

Last week saw Ghanaian startup meQasa raise US$500,000 in funding from VC firm Frontier Digital Ventures to boost its bid to become Africa’s Zillow – so let’s start with them.

meQasa is a web and mobile based real estate platform, providing a free service which helps brokers, landlords and other real estate industry professionals conduct business efficiently online, while also simplifying the search experience for prospective tenants and buyers.

The startup is also a portfolio company of the MEST incubator in Ghana.

With the funding, meQasa has promised to ramp up the development of its mobile and web service experiences, and expand its sales and marketing outreach.

HutBay

West African neighbour HutBay is based in Lagos, Nigeria, and provides an online real estate marketplace allowing buyers, sellers, renters and real estate agents to find and share information.

Launched in 2013, by  June this year, Hutbay had over 1,400 agents on its platform, and over 5,000 listings.

The startup recently launched additional service Hutbay Movers, a directory of moving companies, and connecting movers with those who are about to move. The platform features custom pages for moving companies, allowing users to know more about each company, and provides tools to request a quote and review a mover.

Ekaya

Over in South Africa, online rental marketplace Ekaya has been going from strength to strength, securing multiple investments, and recently announcing its first expansion.

Based in the Western Cape, Ekaya is a graduate from the 88mph accelerator programme in Cape Town, and has raised angel funding from a raft of investors including Vinny Lingham, Justin Stanford, Daniel Guasco, Wayne Gosling, Sebastian Stoddart, Guilherme Steinbruch – and most recently Bill Paladino.

In June, the startup announced its first expansion – to Gauteng; and also added a new service to its offering, Ekaya VIP, which employs technology to allow prospective tenants to collect and submit all the information needed to apply for a rental property for a one-off fee of ZAR99 (US$8).

BuyRentKenya

Kenya also has online real estate startups to take note of, such as BuyRentKenya, which shot into the limelight afterbeing awarded the East Africa Property Award for Best Internet Marketing Portal at the end of 2014.

BuyRentKenya has had a number of successes over the past 18 months, securing funding from One Africa Media (OAM), and hitting the 20,000 listing milestone.

The startup says it is focusing on continuing to innovate, creating more tools to assist property seekers in finding their ideal home, and fostering heightened transparency and credibility in the market.

KejaHunt

Also in Kenya, online house-hunting platform KejaHunt is gaining traction. KejaHunt provides a mobile and web application that helps users find houses without engaging agents.

Launched in March 2014, the startup already has over 7,000 users and 2,600 listings to date.

KejaHunt also won the UberPITCH event held in Nairobi in July, beating over 500 applicants to earn a place in the PIVOT East workshops and KES15,000 (US$150) in Uber credits.

Read more at: http://disrupt-africa.com/2015/11/5-african-online-real-estate-startups-to-watch/

About The Author

CEO AfrikaTech

Comme beaucoup de personnes j’ai connu l’Afrique à travers des stéréotypes : l’Afrique est pauvre, il y a la guerre, famine… Je suis devenu entrepreneur pour briser ces clichés et participer à la construction du continent. J’ai lancé plusieurs entreprises dont Kareea (Formation et développement web), Tutorys (Plate-forme de e-learning), AfrikanFunding (Plate-forme de crowdfunding). Après un échec sur ma startup Tutorys, à cause d’une mauvaise exécution Business, un manque de réseau, pas de mentor, je suis parti 6 mois en immersion dans l’écosystème Tech au Sénégal. J’ai rencontré de nombreux entrepreneurs passionnés, talentueux et déterminés. A mon retour sur Paris je décide de raconter leur histoire en créant le média AfrikaTech. L'objectif est de soutenir les entrepreneurs qui se battent quotidiennement en Afrique en leur offrant la visibilité, les connaissances, le réseautage et les capitaux nécessaires pour réussir. L'Afrique de demain se construit aujourd'hui ensemble. Rejoignez-nous ! LinkedIn: https://www.linkedin.com/in/boubacardiallo

Related Posts

Leave a Reply

Your email address will not be published.

Téléchargez des études de marché par secteurs et pays pour investir en Afrique

Téléchargez des études de marché

Cliquez ici pour télécharger des études de marché par secteurs en Afrique

0 Shares
Share
Tweet
Share