Some Nigerian investors have taken a stake in HotelOnline, a Pan-Africa focused traveltech company, based in Oslo but started by to Norwegians based in Africa.
HotelOnline was founded in 2014 by Norwegian entrepreneurs Håvar Bauck and Endre Opdal, offering solutions for e-commerce and digital marketing to hotels in Eastern Africa.
The company was first known as Savanna Sunrise Ltd., until acquiring a Polish technology company in 2017, whereupon the new group rebranded to HotelOnline.
After growing rapidly in Kenya, Uganda and Rwanda, the entrepreneurial duo made a bold entry into the Nigerian market in 2017. Bauck had lived in Nigeria from 2012 to 2014, but this was a new industry, and they were basically starting from a scratch.