Yakeey (IFC-51976)

Countries
  • Morocco
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 7, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Yakeey Inc.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Communications
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 7.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 23, 2025

Disclosed by Bank Oct 15, 2025

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, IFC is considering an equity investment in Moroccan PropTech startup Yakeey Inc.

IFC anticipates that the Project will result in improved access to micro-entrepreneurship opportunities for workers in Morocco, resulting in improved income earnings. The Company is expected to recruit individuals in major urban centers across Morocco and provide them with training to become independent real estate brokers. Most individuals will be new to the profession and will benefit from structured training programs and mentoring by experienced professionals. These outcomes are expected to result in improved earnings, depending on volume of transactions, as well as enabling continued upskilling. In addition, the project will increase access to quality housing financing by accelerating mortgage processing through its platform, increasing transparency and efficiency. By expanding its platform, the Company also anticipates that it will be able to reach lower middle-income beneficiaries. Beyond the Project, IFC anticipates that the Company’s expansion will improve the competitiveness of the residential housing market in Morocco, via demonstration and replication channels.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The Project involves an equity investment in a prop-tech company (Yakeey) to accelerate new product launches, increase domestic market penetration and drive expansion into new geographies. The company leases office space. The company has established a set of policies and procedures that are appropriate for its size and workforce and are compliant with local labor and health and safety laws and in line with the objectives of the Performance Standards.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The proposed IFC equity investment is up to US$7 million.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Launched in 2023, Yakeey offers a multitude of products for stakeholders in the real estate ecosystem, mainly a digital marketplace for transacting real estate assets. Shares of the Company are held by the founder’s holding company, family offices, venture capital firms, as well as a few angel investors. The Company is now raising its Series A round to finance its product development and growth.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Yakeey Inc. Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Yakeey, Inc.
Badr Rhomari
Chief of Staff
+212 521-521521
contact@yakeey.com
Corner of Emerald Coast Avenue & Timor Island Street, Casablanca
www.yakeey.com

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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How it works