Building a virtual city in Nigerian free zones for digital and service businesses.
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Itana is building a virtual city in Nigerian government-led free zones for businesses in the digital and service industry. It operates an online one-stop-shop app that allows international businesses to operate in Nigeria and access business incentives like capital repatriation and business visas without a physical presence. Itana raised $2 million in pre-seed funding from Future Africa, LocalGlobe, Amplo and Pronomos Capital. The startup will use the funding to improve Nigeria’s ease-of-doing-business index, drive foreign direct investment, and catalyze employment.
| Date | Round | Amount | Lead |
|---|---|---|---|
| 11 Sep 2023 | $2.0M | — |