RATE Group | I Spoke to Akon About His New Cryptocurrency, Akoin
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I Spoke to Akon About His New Cryptocurrency, Akoin

18 Aug I Spoke to Akon About His New Cryptocurrency, Akoin

Posted at 01:07h in Cryptocurrency News by

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If you still think of Akon as that R&B singer from the aughts who sang “Smack That” and got in trouble for dry-humping an underage girl on stage, you’re woefully behind the times. Since retiring from music back in 2010, the St. Louis born and Senegal raised musician has been spending a great deal of his time in Africa, working on bringing 21st century stability and infrastructure to underdeveloped regions.

His first major effort came in 2014 with the founding of Akon Lighting Africa (ALA), a solar energy initiative that seeks to deliver electricity to the more than 600 million Africans living without it. Started with a $1 billion line of credit from Chinese investors China Jiangsu International, the program trains local engineers to install and maintain solar-based decentralized electrical grids in their communities. ALA has already been implemented in 15 countries with plans to increase that number to 48 by 2020. Unfortunately, exact figures for the program’s efficacy and…

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