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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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Moroccan PropTech Startup Agenz Secures Strategic Investment for Expansion

by Iyanu Ale
October 24, 2024
in Tech, Startups
Reading Time: 2 mins read
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Moroccan PropTech Startup Agenz Secures Strategic Investment for Expansion
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Moroccan property technology startup, Agenz, has secured an undisclosed investment from Renew Capital to boost its operations across Morocco and Africa. Founded in 2020 by Malik Belkeziz, Agenz leverages advanced data intelligence to offer instant property valuations and comprehensive market insights, bringing transparency to a traditionally opaque real estate market.

The platform provides a range of services, including lead generation for buyers and sellers, alongside detailed data on property values and market trends. With this latest funding, Agenz is poised to scale its offerings and expand its reach both within Morocco and beyond.

“We built Agenz to offer clarity and transparency in the real estate sector,” said Belkeziz. “By providing accurate data on property values and trends, our platform empowers people to make informed decisions. This investment will enable us to extend our services to more regions across Morocco and Africa.”

Renew Capital, which focuses on supporting innovative entrepreneurs driving scalable solutions to Africa’s key challenges, sees Agenz as an important player in solving one of the real estate industry’s major pain points—access to reliable and transparent data.

“Agenz is addressing a critical challenge in real estate by delivering real-time property valuations and market insights,” said GRII Nihal, Renew Capital’s ecosystem development manager. “Their platform equips buyers, sellers, and real estate professionals with the information needed to make smart decisions. We’re excited to support Malik and his team as they expand their impact in Morocco’s property sector.”

With this new backing, Agenz aims to further develop its platform, ensuring that more consumers and industry players benefit from its data-driven approach to real estate.

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