Sunday, April 21, 2024

Obinna Okwodu is Providing A Lasting Solution to Nigeria’s Rental Problems

Obinna Okwodu is an exceptional entrepreneur with a high level of experience and expertise in the engineering and rental industry.

Since renting residential real estate in Nigeria could be a difficult process. Not only are houses overpriced, Landlords typically demand potential tenants to pay up to 24 months rent upfront. Obinna came up with a permanent solution to end this problem by founding Fibre in 2016.

Fibre is a real estate booking start-up in Lagos that allows middle-income tenants the option to pay monthly. As a result of its unique model, Fibre is growing fast and is gaining popularity with many middle-income earners in Lagos.

Fibre helps tenants in Nigeria find rental accommodation efficiently and conveniently. Its overarching mission is to reduce the entry barriers to renting property in Nigeria.

Prior to his work at Fibre, Obinna worked as an Investment Banking analyst in Morgan Stanley’s Real Estate division in New York. He holds a dual degree in Civil Engineering and Management Science from the Massachusetts Institute of Technology.

In 2018, he was named as one of Forbes’ 30 Most Promising Young Entrepreneurs in Africa.

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