Senegalese-born American singer Akon is planning to construct a sensible metropolis in Senegal. The venture, which is estimated to price about $6 billion, will probably be constructed on a 2,000-acre futuristic metropolis. The good metropolis, known as “Actual-Life” Wakanda, will include an artificial-intelligence information middle, a stadium, a hospital, places of work, condos, and a luxurious resort. Residents within the metropolis will probably be paying for any service by way of the singer’s cryptocurrency known as Akoin.
The venture will probably be closely funded by a Kenyan entrepreneur who has had a historical past of the alleged fraud.
Empowering youths in Africa
Whereas unveiling plans for the venture, Akon stated when the venture is full, it’ll empower African youths. Though there have been few particulars concerning the venture which were launched to this point, an architect from Dubai and a Los Angeles development agency have already been contacted for the Akon Metropolis venture.
There’s little question that Akon has develop into has reined within the American music trade for years now. However the a number of award-winning singer is now pursuing different issues and doesn’t need his legacy to stay solely in music.
“One among my largest fears was simply being recognized for singing and dancing,” Akon informed Enterprise Insider throughout a name.
Though the singer’s songs could not be the anthem as they was once, Akon has not been idle. He has been very lively in different tasks and has now develop into a tech entrepreneur in Africa.
He began with a solar energy firm earlier than shopping for a diamond mine in South Africa. Akon has additionally launched his Akoin cryptocurrency, which would be the sole transaction enabler when Akon metropolis goes dwell. The two,000-acre futuristic metropolis will probably be designed to function a enterprise hub and will probably be crammed with gleaming palm bushes and skyscrapers. The plan will enable residents to pay for taxes, enterprise licenses, in addition to primary utilities utilizing the Akoin cryptocurrency.
Akon stated he’s not going to cease simply with this good metropolis, as there’s a plan to construct comparable good cities in different elements of Africa.
The price of the venture clearly exhibits that Akon alone will not be offering all the monetary outlay for the venture. In response to an estimate by the BBC in 2018, Akon’s internet price is round $80 million. The majority of the funds will probably be coming from the Kenyan investor, whereas Akon will make his Akoin cryptocurrency the only real medium of trade.