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Itana Partners with Accelerate Africa to Help Startups Scale

Daba Finance/Itana Partners with Accelerate Africa to Help Startups Scale
STARTUP VENTURE CAPITALSeptember 16, 2024 at 10:33 AM UTC

TLDR

  • Itana, Nigeria's digital free zone, partners with Accelerate Africa to support emerging businesses scaling across Africa.
  • Itana's digital zone provides incentives in taxation, immigration, banking, and regulation for global tech businesses.
  • Accelerate Africa offers pre-seed and seed-stage accelerator support for startups in storytelling, team development, product growth, and fundraising.

Nigeria’s Itana, a digital free zone dedicated to accelerating Africa’s digital economy, has partnered with Accelerate Africa to provide emerging businesses with the tools, networks, and support needed to scale across the continent.

Itana’s digital zone enables global and pan-African technology and service businesses to operate across Africa, offering incentives in taxation, immigration, banking, and regulation. It also includes a Digital Residency community, a marketplace for vendors, and plans for a new campus in Lagos, the Itana District.

Accelerate Africa, a pre-seed and seed-stage accelerator program, supports startups in storytelling, team development, product growth, and fundraising. The partnership allows participating startups to register within the Itana Zone, gaining access to Itana’s infrastructure, regulatory support, and community resources.

Key Takeaways

The partnership between Itana and Accelerate Africa offers startups direct access to Itana’s digital infrastructure and resources, providing a competitive edge in the market. With AFC’s financial backing, this collaboration aims to drive growth and innovation across Africa’s entrepreneurial ecosystem, supporting startups from the ground up. Africa Finance Corporation (AFC), a key partner, will provide financial backing, ensuring the program has the necessary resources to drive growth and foster transformative change in Africa’s entrepreneurial ecosystem.

Startups
Itana
Accelerate Africa
Africa Finance Corporation
Nigeria

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