In recent years, Africa’s booming tech ecosystem has attracted several investors. This dynamic environment encourages the development of various tech solutions to address local issues.

Nawali is a real estate platform developed by a Senegalese start-up, founded, in 2018. It allows the African diaspora to easily acquire real estate properties (from lands to turkey houses) in countries where it is currently active: Senegal, Mauritania, Gambia, Mali, and Côte d’Ivoire namely.

The platform functions like a marketplace where real estate properties are listed, allowing users to acquire any property they are attracted to.  

The startup has developed several funding mechanisms allowing buyers to either pay in cash, by installments, or by joining Nawali tontine (a mutual savings scheme that allows users to save collectively and purchase properties at the end of the savings period when they collect the amount saved.)

Nawali also offers its buyers eco-friendly houses made of raw earth bricks. It recently launched a project aimed at building an eco-city in Southern Cameroon. In July 2022, the startup opened a funding round to raise €460,000 to support the project. According to its founder, Aïta Magassa, apart from helping create massive jobs for qualified workers, the project, which is “perfectly adapted to the needs in Africa,” would allow the African diaspora to reclaim its lands.

Adoni Conrad Quenum