Akon Is Establishing a $6 Billion Crypto-Metropolis in Senegal

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Akon is a person of many abilities, along with his resume boasting all the pieces from singing to rapping to producing. What few could understand, although, is that he’s a real-life contractor, too. Actually, Akon has simply secured $6 billion (!) to construct a cryptocurrency-powered metropolis (!!) in Senegal (!!!), and he’s calling it Akon Metropolis (!!!!). No, actually. As we reported earlier this yr, the Sengalese-American artist struck a partnership with the African nation’s state-owned tourism firm to create a completely sustainable vacationer metropolis. Now, Akon has gotten the ball rolling on town’s growth by entering into a $6 billion contract with the United States-based engineering and consulting agency KE Worldwide.

Growth of Akon Metropolis will likely be break up into a number of phases, with the first part specializing in setting up roads, a college, a police station, an influence plant, a waste facility, a hospital, and a mall by the tip of 2023. The second part will start the next yr and can deal with courting companies to run on Akon’s personal AKOIN cryptocurrency. By the point it’s accomplished in 2030, Akon Metropolis may also embody parks, universities, a stadium, and an industrial advanced.

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Along with an economic system primarily based fully on cryptocurrency, Akon Metropolis will function on one hundred pc renewable power. Actually, Akon himself is closely concerned in bringing off-the-grid power to all the contents by means of his Akon Lighting Africa Initiative. You’ll be able to see artist renderings of Akon Metropolis under. Akon City