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Is the property sector the next big sector due for disruption in South Africa? The Africa Proptech Forum which takes place next month in Johannesburg, aims to delve more into this question.
The forum will take place on 1 October at WeWork’s location called The Link and is hosted in collaboration with Proptech Africa and one of the continent’s leading real estate gathering, the 10th annual Africa Property Investment (API) Summit.
In a statement on Tuesday (3 September) Proptech Africa co-founders Sean Godoy and African real estate advisor, Kevin Teevoorengadum, noted that the global proptech market has grown significantly — from $20-million in 2008 to a $12-billion-a-year market since 2016.
Speakers at the Africa Proptech Forum include venture capitalist Clive Butkow and MEST’s Ashwin Ravichandran
Godoy said this year’s Africa Proptech Forum will provide select startups with an opportunity to pitch their disruptive business models to Africa’s most high-profile real estate investors and developers.
BothButkow and Ravichandran have recently helped close significant seed funds transactions.
Kalon in January announced that it had invested 20-million in SA proptech startup Flow (see this story), while MEST confirming the African 11 startups that will receive $100 000 in funding by what is one of Africa’s influential tech incubators (see this story).
The forum will also feature presentations by industry thought leaders including Estate Intel’s Dolapo Omidire of Nigeria, Sethebe Manake of Botswana and UCT associate professor Francois Viruly.
Featured image: geralt via Pixabay