Senegalese-American singer Akon has announced the finalisation of agreements a futuristic city named after him.
The 46-year-old musician who has made a name for himself as an entrepreneur in the recent past expressed enthusiasm at closing the deal for ‘Akon City,’ a ‘renewable’ city with a focus on solar energy.
“Looking forward to hosting you there in the future,” he wrote.
The ‘Smack That’ singer originally announced plans for the ‘crypto city’ city in 2018 which sits on a 2,000- acre piece of land he was gifted by Senegal’s President Macky Sall.
Speaking to Nick Cannon in December 2019, Akon explained his goals for the city saying “It’s a 10-year building block so we’re doing it in stages. We started construction in March and stage two is going to be 2025,” he said at the time.
The futuristic city will exclusively trade in digital cash dubbed AKoin, which Akon arguing that the technology can help Africans to become less-dependent on their governments.
“I think that blockchain and crypto could be the saviour for Africa in many ways because it brings the power back to the people… Cryptocurrency and blockchain technology offer a more secure currency that enables people in Africa to advance themselves independent of the government,” he said.
“The Akoin Ecosystem unlocks the potential of the world’s largest emerging economy through the creation of a trusted cryptocurrency with a vision to stimulate and innovate, revenue-generating opportunities that support and empower youth entrepreneurship, economic stability, and growth across Africa and the world,”
In 2015, the singer announced venturing into solar power with the aim of providing electricity for 600 million Africans through the Akon Lighting Africa initiative.
According to reports, Akon Lighting Africa has thus far installed solar systems in 14 African countries.
Check out artist’s impressions of the futuristic city: