Africa has the potential to become the proptech hub of the world, a report by Estate Intel stated.
The report titled, ‘Net zero, focus on niche specific sectors and technology innovation are the key trends affecting African real estate’, noted that this was disclosed at the 13th Annual Africa Property Investment Summit in Johannesburg. According to the report, globally real estate has been slow to adopt tech despite being the largest asset class.
It, however, stated that across Africa, the sector was gaining momentum.
It said, “While tech may sound complicated, it is really about the benefits it brings in terms of their improved user experience, savings on costs, easier transactions, and better security.
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