Fundraising Fox

Itana

Lagos, NG · Founded 2020 · 38 employees on LinkedIn · 5 known investors

Find your way into Itana

329 people in our graph share verified history with the Itana team — schools, employers, funds. One of them is your warm intro.

Sofia Dolfeunlockedknows Luqman Edu · together at The London School of Economics and Political Science (LSE) (overlapped)
×9knows the team · via The London School of Economics and Political Science (LSE)
×2knows the team · via Flutterwave

Itana is a digital special economic zone providing regulatory and operational infrastructure for businesses entering and scaling across African markets. The platform offers company registration, multi-currency accounts, tax and legal clarity, and access to service providers to reduce friction for tech companies operating in Africa.

Enterprise SoftwareFintechGovTech

Founders & leadership

Itana was founded in 2020 by Iyinoluwa Aboyeji and Luqman Edu.

IAIyinoluwa Aboyeji
Iyinoluwa Aboyejiin𝕏Founding Partner, Co-founder of Andela & FlutterwaveIyinoluwa Aboyeji co-founded Andela, a platform deploying African software engineers globally, and Flutterwave, which connected African businesses to international markets. He is the founding partner of Future, an investment fund supporting founders building solutions to continental challenges, and currently leads Itana, a digital special economic zone providing regulatory and operational infrastructure for tech companies scaling across African markets.
LELuqman Edu
Luqman EduinChairman and Co-founderLuqman is Executive Chairman and co-founder of Itana, a digital special economic zone providing infrastructure for tech companies operating across African markets. He previously worked in technology, oil & gas, and banking roles in the UK, then held positions including Chief Officer and Managing Director at Filmo Real Estate in Nigeria; he holds degrees from Imperial College, the London School of Economics, and the European School of Economics, and completed an executive program at MIT.

Investors · 5

Pronomos CapitalSan Francisco
Ventures PlatformAbuja · $50K – $1M
Amploreported · 2 sourcesHouston
Future Africareported · 2 sourcesLagos · $100K – $500K
LocalGlobereported · 2 sourcesLondon

Funding

SEC filings, press & company announcements

$2M disclosed across 1 of 2 rounds · 2023–2025

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Itana went on to found or lead other companies.

Iyinoluwa AboyejiFounding Partner, Co-founder of Andela & FlutterwaveFounded Future Africa +2Jason OkraAdvisorFounded Wayline +1

In the news

The FX and policy playbook behind Itana’s push for tech capitaltechcabal.com · Dec 2025Itana Raises $2M to Build Lagos-Based Digital Free-Trade Zone - FurtherAfricafurtherafrica.com · Jul 2025Nigerian Startup Itana Raises USD 2 M Pre-Seed Roundweetracker.com · Sep 2023Nigeria’s Itana raises $2m pre-seed funding to create Africa's first Digital Free Zone - Disrupt Africadisruptafrica.com · Sep 2023Nigeria's Itana Raises $2M in Seed Funding to Pioneer Africa's Digital Free Zonetechloy.com · Sep 2023Itana secures $2 million pre-seed funding to pave the way for Africa's first digital free zone | Business Insider Africaafrica.businessinsider.com · Sep 2023

Frequently asked questions

What does Itana do?
Itana is a digital special economic zone providing regulatory and operational infrastructure for businesses entering and scaling across African markets. The platform offers company registration, multi-currency accounts, tax and legal clarity, and access to service providers to reduce friction for tech companies operating in Africa.
Who founded Itana?
Itana was founded by Iyinoluwa Aboyeji, Luqman Edu in 2020.
Who are Itana's investors?
Itana's investors include Pronomos Capital, Ventures Platform, Amplo, Future Africa, LocalGlobe.
How much funding has Itana raised?
Itana has disclosed $2M raised across 1 of its 2 known rounds.
Where is Itana headquartered?
Itana is headquartered in Lagos, NG.