(3 Minutes Read)
Nigeria’s Itana is redefining the concept of special economic zones by introducing a fully digital, innovation-centric model tailored for the 21st-century economy. Strategically located within the Lekki Free Zone in Lagos, Itana diverges from traditional industrial-focused free zones by prioritising technology-enabled services and digital entrepreneurship.
At its core, Itana offers startups and digital businesses a streamlined, regulation-light environment to incorporate, scale, and operate globally, entirely remotely. By eliminating the red tape and bureaucratic constraints typically associated with Nigerian business regulations, Itana positions itself as an agile gateway for global digital commerce from Africa.
The project is backed by heavyweight investors, including the Africa Finance Corporation and Future Africa, and combines forward-thinking policy innovation with state-of-the-art infrastructure. While its offerings are digital-first, Itana is not just a virtual platform; a physical presence also anchors it. Its inaugural district, currently under construction, is set to deliver reliable electricity, piped gas, ultra-fast internet connectivity, and other essential services, creating an optimal environment for digital businesses to thrive.
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https://trendsnafrica.com/two-rivers-special-economic-zone-secures-sh6bn-for-expansion/
More than just a tech hub, Itana is a bold, scalable prototype for the future of African economic development. It embodies a new vision: digital free trade zones that empower startups, attract global investment, and unlock the continent’s vast technological potential.
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