Singer Akon given go-ahead to build ‘crypto city’ in Africa

Singer Akon given go-ahead to build ‘crypto city’ in Africa

SAPCO Secretary General Aliune Ndiaye said that Akon intends to set up a property in Mbodiene's seaside village which is about 75 miles from the Senegal's capital city of Dekar. At the time, the rapper, who dropped his Akonda project in 2019, asserted that he had plans to build a brand new city on a 2,000-acre land gifted to him by the President of Senegal, Macky Sall.

In an Instagram post of a photo from the deal-finalizing moment, Akon told fans he was looking forward to hosting them in the future.

It looks like there have been some major developments for Akon with establishing his own city in Senegal, West Africa.

Akon, US singer and businessman of Senegalese descent, has gotten a lot of people talking on Twitter after he concluded agreement to build "Akon City", a futuristic city in Senegal.

"It's a 10-year building block so we're doing it in stages".

The futuristic city will exclusively trade in digital cash dubbed AKoin, which Akon arguing that the technology can help Africans to become less-dependent on their governments. Akon who was brought up in a family of musicians, spent his early childhood in Senegal before leaving at the age of seven to live in the USA IN Union City, New Jersey, according to his website.

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In 2018, Akon said he believes Akoin could be the "savior of Africa".

He said that construction began in March and would take a decade to complete, with stage two beginning in 2025.

In November previous year, Akon revealed the city would run completely on renewable energy and have it's own airport.

The website for Akon Crypto City previously described it as "the first 100 per cent crypto-based city with AKoin at the center of transactional life".

Africa is still the least developed continent in the world.

His most recent venture is Akon Lighting Africa which is providing solar power to African countries.

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