Company type | Private |
---|---|
Industry | Technology, Real estate |
Founded | 2022 |
Founders |
Iyinoluwa Aboyeji Luqman Edu (CEO) Coco Liu (COO) [1] |
Website | https://www.itana.africa/ |
Itana (originally founded as Talent City) is a Nigeria-based company building the first Digital Free Zone in Africa. It enables businesses to operate and function in Nigeria, and Africa without being physically present in the country. [2] [3] [4] [5] The name "Itana" is derived from the word "Itanna" which means "kindling of a fire" in Yoruba language. Itana is currently in its beta stage and plans to go live in the first quarter of 2024. [6] [7]
In January 2020, Iyinoluwa Aboyeji announced that he and his team are building a futuristic city to support the digital economy. [8]
In August 2020, The Government of Nigeria announced her intention to work with Future Africa in deploying technology to ignite interests and collaboration in the country's free trade zones. [9]
In January 2022, Itana acquired its first physical location - a 72,000 sqm plot in Alaro City, Lekki Free Zone, Lagos. The emerging city is expected to be home to 1,000 residents and 2,500 remote workers. [10] [11]
In 2023, the company raised US$2 million in a pre-seed round from LocalGlobe, Amplo, Pronomos Capital, and Future Africa. [12] [13]
Itana has launched a digital residency program to bring together startup founders and operators to build for Africa. The Itana District is set to be a live-work-build environment on a 72,000 sqm plot in Alaro City, Lagos, Nigeria. [14] [15]
Itana is supported by the Nigerian government through the Nigeria Export Processing Authority (NEPZA). [16] [17] LocalGlobe, Amplo, Pronomos Capital, and Future Africa are investors in Itana. [18] [19]
Company type | Private |
---|---|
Industry | Technology, Real estate |
Founded | 2022 |
Founders |
Iyinoluwa Aboyeji Luqman Edu (CEO) Coco Liu (COO) [1] |
Website | https://www.itana.africa/ |
Itana (originally founded as Talent City) is a Nigeria-based company building the first Digital Free Zone in Africa. It enables businesses to operate and function in Nigeria, and Africa without being physically present in the country. [2] [3] [4] [5] The name "Itana" is derived from the word "Itanna" which means "kindling of a fire" in Yoruba language. Itana is currently in its beta stage and plans to go live in the first quarter of 2024. [6] [7]
In January 2020, Iyinoluwa Aboyeji announced that he and his team are building a futuristic city to support the digital economy. [8]
In August 2020, The Government of Nigeria announced her intention to work with Future Africa in deploying technology to ignite interests and collaboration in the country's free trade zones. [9]
In January 2022, Itana acquired its first physical location - a 72,000 sqm plot in Alaro City, Lekki Free Zone, Lagos. The emerging city is expected to be home to 1,000 residents and 2,500 remote workers. [10] [11]
In 2023, the company raised US$2 million in a pre-seed round from LocalGlobe, Amplo, Pronomos Capital, and Future Africa. [12] [13]
Itana has launched a digital residency program to bring together startup founders and operators to build for Africa. The Itana District is set to be a live-work-build environment on a 72,000 sqm plot in Alaro City, Lagos, Nigeria. [14] [15]
Itana is supported by the Nigerian government through the Nigeria Export Processing Authority (NEPZA). [16] [17] LocalGlobe, Amplo, Pronomos Capital, and Future Africa are investors in Itana. [18] [19]