Housing Startups in Africa

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West Africa's housing market is booming, driven by rapid urbanization and a growing middle class. Local leaders see huge potential but acknowledge challenges: limited access to finance, complex land tenure systems, and infrastructure gaps. Mubawab, Flow, and IsiDuli are making strides, but the market remains fragmented with many smaller players. Innovation is key, especially in proptech and alternative financing models.

Cummulative Funding

$23.9M+

Total # of Companies

3

Total Deal Count

6

Total M&A Count

2

Total # of Investors

12

List of Housing startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Mubawab is an Online listing platform for real estate properties in Morocco for sale and rent

Corporate

$ 17,850,000

2010

2.

Flow is an app that rewards tenants for great behaviour.

Seed

$ 5,970,000

2018

3.

IsiDuli is a “social enterprise” with focus on “housing industry”

Grant

$ 118,292

2019

Mubawab

Founded

2010

Overview

Mubawab is an Online listing platform for real estate properties in Morocco for sale and rent

Last round

Corporate

Total raised

$ 17,850,000

Employee

51-200

Flow

Founded

2018

Overview

Flow is an app that rewards tenants for great behaviour.

Last round

Seed

Total raised

$ 5,970,000

Employee

11-20

IsiDuli

Founded

2019

Overview

IsiDuli is a “social enterprise” with focus on “housing industry”

Last round

Grant

Total raised

$ 118,292

Employee

1-10

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