RATE Group | Akon finalizes deal to build a cryptocurrency city in Senegal
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Akon finalizes deal to build a cryptocurrency city in Senegal

02 Feb Akon finalizes deal to build a cryptocurrency city in Senegal

Posted at 03:53h in Cryptocurrency News by

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On January 13, pop singer Akon confirmed via tweet that his 2,000-acre, cryptocurrency-powered city in Senegal would soon break ground. The project was first announced in 2018, and the smart city will rise near the capital of Dakar, on a plot gifted to Akon by President Macky Sall.

Oh, and Akon City will run on ‘AKoin,’ a proprietary cryptocurrency, as a trial run for whether digital currency can be better integrated into Africa as a whole.

Aerial rendering of a smart city centered by two towers

The city will be cut up by main arterial roadways. (Courtesy of Hussein Bakri/BAD Consultant/Semer Group)

The new city is being pitched as sustainable, and when complete in 10 years, will be the first LEED-certified project in Africa. Because the project is being touted as a tourism city, SAPCO, the state-owned tourism agency, is…

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