What does a Cryptocurrency, Social Enterprise and City have in common - Akon City

What does a Cryptocurrency, Social Enterprise and City have in common - Akon City

By Scopeman | Crypto in Africa | 24 Mar 2021

Musician, entrepreneur and philanthropist, Akon, took to Twitter over a year ago to announce that he had “finalized agreement for AKON CITY in Senegal.”

The city, estimated to cost around $6 Billion, is reported to be built on a 2,000-acre land that Akon received as a gift from Senegal’s president, Macky Sall. The city is also expected to trade on the exclusive currency of the ‘Akoin Ecosystem’, a digital cash currency that Akon first hinted about in 2018.

Over the last decade, Akon has successfully launched and powered various initiatives in Africa, including ‘Akon Lighting Africa’ to provide scaled solar power solutions throughout 18 African countries.

“When I was growing as an entertainer, I said to myself I don’t want to be remembered for just singing and dancing. Ultimately, I had to figure out what I can do that will help create a legacy,” said Akon during the YouthConnekt Africa Summit, Kigali in 2017.

Could this be the real life 'Wakanda'? Watch the video of the project below:

With his social enterprises, his cryptocurrency and this city, Akon is surely on his way to building that legacy he talks about often.

Visit https://akoncity.com/ to learn more about this project.

How do you rate this article?



Author| Creative Media & Communications Specialist| Outlier. I am on a journey to discover the far-reaching benefits of cryptocurrency on the African continent, come with me!

Crypto in Africa
Crypto in Africa

Crypto in Africa explores the burgeoning journey and future of cryptocurrency across Africa.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.