Itana
Charter city in Nigeria
From Wikipedia, the free encyclopedia
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]
Luqman Edu (CEO)
Coco Liu (COO)[1]
| Company type | Private |
|---|---|
| Industry | Technology, Real estate |
| Founded | 2022 |
| Founders | Iyinoluwa Aboyeji Luqman Edu (CEO) Coco Liu (COO)[1] |
| Website | https://www.itana.africa/ |
History
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 Nigeria. 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]