Davidson Okafor, CEO and founder, Hostel.ng
Davidson Okafor, CEO and founder, Hostel.ng

Nigerian Startup Eases Hostel Accomodations on Campuses

TECHDIGEST – A Nigerian startup, Hostel.ng says its platform will solve the difficulties students experience in their search for decent hostel accommodation in tertiary institutions.

The Founder/Chief Executive Officer of Hostel.ng, Davidson Okafor, said the platform is out to save them from scammers posing as hostel manager.

In an exclusive interview with TechDigest.ng, Davidson disclosed that Hostel.ng was birthed out of his harrowing experience in securing hostel accommodation as new student in the university.

“It was so difficult finding hostel accommodation as a new student, even after finding the hostel I loved, I almost lost my hostel rent to scammers posing as a hostel managers. When I discovered that many of my friends in school had similar experiences then I realized how big the problem was and decided to solve it”.

He explained that the e-property platform will not only take address but it will also impact the economy in terms of boosting employment opportunities for the students and revenue for government.

“It will help create wealth for students helping them to sublease their rooms. We also make the lives of their sponsors easier by reducing the financial burden on them with our “rent now pay later” feature.

“Our solution will not only help students but also the hostels providers, making their lives a lot easier, selling more rooms which in turn generates more income for them”, Davidson added.

He said that the platform has gone into partnership with several public and private organisations and is open to further collaborations with startups to enable students get access to dependable hostel providers and earn money to pay for their hostel accommodations.

“We have partnered with Kwaba for rent financing. This partnership has allowed us make the lives of students more comfortable, enabling them to access more money to pay their hostel rents. Our partnership with Deexperience agencies in Anambra state will enable more students get access to better hostel providers.

TechDigest reports that the hostel.ng platform, is currently enjoying the support of “Lagos Innovates’’ program of the Lagos State Employment Trust Fund and mentorship support from Tomi Davies through his TVCLabs accelerator.

“So far we have been validating our hypothesis on the best solutions to solve this student accommodation crisis and right now we would be launching our main product before the end of January’’, Davidson concluded


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