Can Itana Become Africa's Dubai For Tech? Nigeria's First Virtual Sez Launches

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can itana become africas dubai for tech nigerias first virtual sez launches

Across the turquoise expanse of the Atlantic, beyond the maze of Lagos traffic and the hum of its concrete sprawl, a new silhouette emerges on the eastern edge of the city. It is not simply another tower or block of flats. It is a new kind of city-virtual, experimental, and ambitious. Nestled deep within the Lekki Free Zone corridor, where cranes hover and the skyline is punctuated by the skeletal frames of half-built futures, Nigeria's first digital special economic zone is coming to life. They call it Itana-a city constructed not of bricks alone, but of code, bandwidth, and policy.

Just this week, Itana signed a landmark memorandum of understanding with Nigeria's Ministry of Industry, Trade, and Investment. The goal is clear: reshape the Nigerian economy to export digital services at scale, create high-quality jobs, and attract foreign tech companies to operate-not just within Nigeria-but from Nigeria, for the world.

Backed by the Africa Finance Corporation AFC, Itana represents an innovative experiment: a legally distinct, digitally native jurisdiction where global companies can establish themselves, hire, and operate virtually-without the constraints of Nigeria's traditional bureaucracy. "You can launch from Nairobi, scale from Lagos, and serve London-all from your laptop," says Luqman Edu, co-founder and CEO of Itana. "That's the point."

Edu's vision is ambitious. But so is the terrain on which it stands.

A City, Designed to Be Elsewhere