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Itana (formerly Talent City) - Pre-Seed
Overview
About Itana (formerly Talent City) - Pre-Seed
Itana, formerly known as Talent City, has secured $2 million from LocalGlobe, Pronomos Capital, and Future Africa, to build what it describes as "Africa’s first digital free zone". Aside from the digital free zone, Itana disclosed last year that it secured over $10 million to build a charter city in the Lekki Free Zone, on the outskirts of Nigeria's commercial city Lagos.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United Kingdom | 1999 | 9 | -- | ||
| Fund | -- | -- | 2 | -- | ||
| Fund | -- | -- | 4 | -- |
Founders & Team
Luqman Edu
Coco Liu
Company Profile / Project Introduction
Itana will provide an ideal business environment for the digital economy, pioneering the concept of digital free zones in Nigeria. In this online jurisdiction, global technology and service-oriented businesses, and startups, have the ability to incorporate and operate fully online as a free zone enterprise, taking advantage of an array of business services and incentives encompassing taxation, immigration, banking, investment, and protection.
Itana enables companies to access the African market, in turn attracting foreign investment that will help fuel the growth of the continent’s technology and digital services economy, while unlocking the massive potential of the talent force and improving Nigeria's ease of doing business index.
Itana will also develop a 72,000 sqm live-work-build district in Lagos, Nigeria (Alaro City Free Zone) that will serve as a physical hub for community-building and provide the physical infrastructure needed to support digital talent that will include reliable wifi and power, coworking spaces, and residential facilities.