LocalGlobe and Pronomos Capital back Itana to pave the way for Africa’s first digital free zone
Talent City, now known as Itana, has raised a US$2 million pre-seed, money it intends to use to establish a digital free zone. Itana, founded by CEO Luqman Edu, COO Coco Liu and ex-Andela and Flutterwave co-founder, Iyin Aboyeji, a founding investor, is primed to be Africa’s first digital free zone. The founders say the funding will support the startup’s efforts to improve Nigeria’s ease-of-doing-business index, drive foreign direct investment (FDI), and catalyze employment in Nigeria.