Akon building a $6 billion city in Senegal

Akon has secured $6 billion to build a cryptocurrency-powered city in Senegal, and he’s calling it Akon City, according to PR Web. The Senegalese-American artist struck a partnership with the African country’s state-owned tourism company to create a fully sustainable tourist city beginning of the year, and now, Akon has gotten the ball rolling on the city’s development by entering the huge deal with the United States-based engineering and consulting firm KE International. The first phase of the project is focusing on constructing roads, a school, a police station, a power plant, a waste facility, a hospital, and a mall by the end of 2023. The second phase will begin the following year and will focus on courting businesses to run on Akon’s own AKOIN cryptocurrency. By the time it’s completed in 2030, Akon City will also include parks, universities, a stadium, and an industrial complex.