P2P marketplace for office space launched in SA

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South African startup Wahi has gone live with its platform that connects the owners of spare office space with people that need it.

Wahi is a safe and convenient peer-to-peer marketplace where hosts offer both commercial and residential space to potential renters.

Wahi means “get” in Swahili and “spaceQ in Maori – two concepts that underpin the basis of the business. The startup plans to change the accepted status quo of South Africa’s self-storage industry, giving every South African the opportunity to become an earner or entrepreneur.

“We give property owners the opportunity to generate bonus annuity income from their spare space and also allow renters to achieve cost efficiency and convenience by converging online,” says Michael Hodgson, co-founder of Wahi.

“Our main objective is to utilise technology to vastly improve the industry, where we believe it is currently inconvenient and too expensive. You could see it as the Airbnb of spare space, where the commodity is something many of us own – without even knowing it – and many others – often our neighbours – also need.

Wahi was founded by entrepreneurs Michael Hodgson and Daniel Bailey, both who are based in Cape Town.

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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent’s most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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