The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is planning to invest up to $7 million in Yakeey, a Moroccan proptech startup founded in 2023. The investment, which forms part of Yakeey’s Series A funding round, aims to help the company expand its digital real estate platform, strengthen operations and improve access to housing finance across Morocco. Through this partnership, IFC seeks to accelerate digital transformation in the country’s property market while supporting job creation and sustainable business practices.
Founded by real estate veteran Karim Beqqali, who also leads Yamed Group, Yakeey is building a digital marketplace designed to simplify how people buy, sell and rent property in Morocco. The platform seeks to address long-standing challenges such as lack of transparency, slow processes and limited trust among market participants.
The IFC’s planned investment marks a major vote of confidence in Morocco’s growing technology sector and is expected to accelerate Yakeey’s growth as it expands operations across the country.
Empowering Local Talent and Expanding Economic Opportunities
One of the most impactful aspects of IFC’s partnership with Yakeey is its potential to create jobs and build new skills. Yakeey plans to train and support a network of independent real estate brokers, many of whom will be new to the industry. By equipping these individuals with digital tools, mentorship and access to clients through its platform, the company aims to foster micro-entrepreneurship and expand income opportunities in Morocco’s urban centers.
This initiative will help professionalize the brokerage sector, enhance financial inclusion and bring more people into the formal economy. It also aligns with Morocco’s national objectives for youth employment and digital innovation. IFC’s involvement will further boost the credibility of Yakeey’s operations and encourage more investors to engage in the country’s growing proptech space.
Through this partnership, IFC is not only financing business expansion but also supporting human capital development, a critical driver for sustainable growth in Morocco’s digital economy.
Promoting Access to Housing and Strengthening Governance
Beyond market efficiency, Yakeey’s platform has the potential to improve access to housing finance. By digitizing property transactions and mortgage processes, the company aims to make it easier for middle-income families to purchase homes. This digital shift will help reduce administrative bottlenecks, improve transparency and increase trust between banks, developers and homebuyers.
For IFC, the investment is also part of a wider strategy to promote good governance and sustainability among emerging technology companies. Alongside financial backing, IFC will work with Yakeey to implement international best practices in governance, compliance and environmental responsibility.
The partnership will introduce equal opportunity policies, employee grievance mechanisms and e-waste management procedures, helping Yakeey maintain high standards as it scales. These measures are designed to ensure that the company grows responsibly while setting new benchmarks for corporate integrity within Morocco’s real estate sector.
Yakeey already complies with Moroccan labor and safety regulations but the IFC partnership will strengthen these frameworks further. The company plans to improve its waste management practices by working with licensed firms for e-waste disposal, reflecting a growing awareness of sustainability within the country’s tech and real estate industries.
A Model for Africa’s Proptech Future
The IFC’s proposed $7 million investment in Yakeey represents a strong endorsement of Morocco’s digital property ecosystem and the broader potential of proptech in Africa. By combining financial support, strategic guidance and global governance standards, IFC is helping build a foundation for a more transparent and efficient real estate market.
For Morocco, the partnership could redefine how property transactions are handled, making them simpler, faster and more inclusive. For the region, Yakeey’s success could serve as a blueprint for digital innovation, inspiring similar ventures across the continent.
