Showing posts with label akon city. Show all posts
Showing posts with label akon city. Show all posts

Rapper Akon Says Construction Begins Soon For Crypto Powered Futuristic African City - With a $6 Billion Price Tag...

Giving him the land to build it on, Senegalese authorities have embraced Akon as a "native son", introducing him by his given name Aliuane Thiam and praising him for investing in Africa at a time of such global financial uncertainty. He met with government officials on the grassy fields in Mbodiene some 100 kilometers (62 miles) outside the capital where construction has yet to begin.

Akon said the project already has secured about 1/3 of the $6 billion goal, but declined to publicly name his investors, citing non-disclosure agreements. He says after construction begins in early 2021, the first phase of the project alone could take more than 3 years, he said.

Akon City is promising a bit of everything: a seaside resort, a tech hub, recording studios and even a zone dubbed "Senewood" that developers hope will help develop Senegal's film industry.

The singer on Monday acknowledged the comparisons made between Akon City and the utopian society in "Black Panther," calling it an "honor."

Video courtesy of Bloomberg