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Moroccan Proptech Startup Agenz Secures Investment to Transform Africa’s Real Estate Sector

Olusola Blessing by Olusola Blessing
November 29, 2024
in News, Tech
0
Moroccan Proptech Startup Agenz Secures Investment to Transform Africa’s Real Estate Sector
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Moroccan-based property technology startup Agenz has received a strategic investment from Renew Capital to expand its innovative services across Morocco and other African markets. While the exact amount of the investment remains undisclosed, this funding aims to drive Agenz’s growth and further its mission of reshaping the real estate sector with data-driven solutions.  

A Data-Driven Revolution in Real Estate 

Founded in 2020 by entrepreneur Malik Belkezi, Agenz leverages advanced data intelligence to deliver instant property valuations and in-depth real estate market insights. The platform provides a comprehensive suite of services, including property appraisals, market trend analysis, and lead generation, connecting buyers and sellers while enabling well-informed decisions.  

This investment will allow Agenz to enhance its platform, making reliable real estate data accessible to a wider audience within Morocco and across the continent.  

Empowering Users with Transparency

Malik Belkeziz emphasized Agenz’s commitment to bringing transparency to the real estate market:  

“We empower our users with up-to-date property information, enabling them to make well-informed decisions. This investment is a step forward in realizing our vision of a more transparent and efficient real estate ecosystem.”

Renew Capital’s Vision for Real Estate Innovation

GRII Nihal, Investment Ecosystem Development Manager at Renew Capital, applauded Agenz for addressing a critical gap in the real estate sector: the lack of dependable and transparent data. Nihal highlighted the startup’s ability to provide real-time property valuations and insights that empower buyers, sellers, and industry professionals alike:  

“We are proud to support Agenz as they enhance the real estate sector in Morocco and beyond with their innovative solutions.”

With this strategic investment, Agenz is well-positioned to scale its operations, deliver value to a broader audience, and contribute to the growth of the real estate market across Africa.

 

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