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Home African Startup Ecosystem

Itana Expands Digital Residency to Attract Startups and Investors Across Africa

by Onyinye Moyosore
August 15, 2025
in African Startup Ecosystem
Reading Time: 3 mins read
Itana

Itana, a Lagos-based innovation city project, has expanded its digital residency program. The move aims to attract startups, investors, and talent looking to operate across Africa without being tied to one location. The announcement came on August 13, 2025, marking a new chapter for the program launched in 2023.

The digital residency offers companies a legal and operational base in Nigeria while allowing them to work from anywhere. It removes many of the traditional barriers to setting up a business, including lengthy registration processes and complex local compliance requirements.

A Fast Track for Market Entry

The program provides more than just incorporation. Startups get access to vetted local partners, guidance on navigating Nigerian regulations, and introductions to investors. Itana also offers sector-specific opportunities designed to help businesses scale faster.

This model has proven especially attractive to international founders. It allows them to test the African market without the upfront cost of a physical office or full relocation. By reducing the initial risk, Itana hopes to encourage more companies to enter sectors like fintech, e-commerce, and clean energy.

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Participants benefit from ongoing mentorship and networking. Itana connects residents with government agencies, ecosystem leaders, and potential customers. The city’s digital platform acts as a hub where residents can access resources, join industry-specific groups, and find business opportunities.

In an interview with TechAfrica News, co-founder Mayowa Olugbile explained: “We want to make Africa’s markets easier to access for high-growth companies. By removing unnecessary barriers, we create space for innovation and investment to thrive”.

Why It Matters

Nigeria remains one of Africa’s largest economies and a key entry point for regional expansion. However, foreign startups often face regulatory uncertainty and slow approval processes. Digital residency programs like Itana’s address these issues directly, providing a structured path for companies to establish themselves.

For African founders, the benefits are just as significant. The program offers a way to formalize operations, gain investor trust, and expand into new markets without leaving their home country. It also levels the playing field between local startups and well-funded foreign entrants.

Building an Inclusive Tech Ecosystem

The expansion aligns with Nigeria’s broader push to position itself as a continental tech leader. As more global players look to Africa for growth, initiatives like this can help ensure local innovators are not left behind.

If successful, Itana’s model could serve as a blueprint for other African countries seeking to attract talent and investment. The real test will be whether the program can deliver long-term value to its residents while keeping the process accessible and affordable.

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Onyinye Moyosore

Onyinye Moyosore

Onyinye Moyosore is a tech writer at Techsoma, where she covers startups, digital infrastructure, and how technology reshapes everyday life...

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