Musician and business mogul Aliaune Damala Badara Akon Thiam, popularly known as Akon is set to unveil plans for the construction of his second futuristic and cryptocurrency-based city on the motherland, with the East African nation of Uganda being his country of choice this time around.
It was reported that Akon has been able to acquire one-third of the $6 billion needed for his first futuristic city in Senegal , his home country. According to him, the project would create jobs for locals in the West African nation as well as serve as a “home back home” for Black Americans and other people in the diaspora who are being racially discriminated against.
In a statement Monday, the Uganda government announced they had reached an agreement to allocate the Senegalese-American singer a piece of land worth a square mile for the “Akon City” project, The Washington Post reported. The state-of-the-art project is expected to be completed by 2036 and transactions in the city will be done through his “stellar-based” AKoin cryptocurrency. The cost of the project was not disclosed though the one in his native Senegal is reportedly valued at around $6 billion.
VIDEO: Akon answers a question on whether Ugandans will be able to afford services in 'Akon City.'
Akon is set to build the futuristic city in Uganda by 2036 after the government agreed to allocate him 1 square mile of land. #NBSUpdates pic.twitter.com/YDqqQ9cZhg
— NBS Television (@nbstv) April 5, 2021
