Recently, Akon announced on his Instagram page that he will be constructing a city named Akon City and he has been awarded $6 billion contracts to construct a city in Senegal.
Named Akon City, the city is a tourist city that uses its Cryptocurrency. The city will be constructed with the help of US-based engineering and consulting firm, KE International.
The first phase of the projected expected to complete around 2023 includes hospitals, roads, power plants, schools, and shops, and by 2029 second phase will be completed which includes housing schools, universities, industrial complexes, sports stadiums, and police stations. All businesses in Akon City will use Akon’s cryptocurrency called AKOIN Cryptocurrency.
Akon City will run on 100% renewable energy and is expected to be fully completed by 2030.