Akon Announces $6 Billion USD Construction Contract for Akon City in Senegal

get these nets

Veteran
Joined
Jul 8, 2017
Messages
56,486
Reputation
15,630
Daps
208,992
Reppin
Above the fray.



Akon's futuristic $6bn city project in Senegal abandoned, BBC told​


07/04/25

10 Design Architecture An architect's drawing of Akon City.
10 Design Architecture

Some compared the designs to the awe-inspiring fictional city of Wakanda
Plans for a futuristic city in Senegal dreamt up by the singer Akon have been scrapped and instead he will work on something more realistic, officials say.
"The Akon City project no longer exists," Serigne Mamadou Mboup, the head of Senegal's tourism development body, Sapco, told the BBC.
"Fortunately, an agreement has been reached between Sapco and the entrepreneur Alioune Badara Thiam [aka Akon]. What he's preparing with us is a realistic project, which Sapco will fully support."
Known for his string of noughties chart hits, Akon - who was born in the US but partly raised in Senegal - announced two ambitious projects in 2018 that were supposed to represent the future of African society.
The first was Akon City - reportedly costed at $6bn (£5bn). It was to run on the second initiative - a brand new cryptocurrency called Akoin.
Initial designs for Akon City, with its boldly curvaceous skyscrapers, were compared by commentators to the awe-inspiring fictional city of Wakanda in Marvel's Black Panther films and comic books.
But after five years of setbacks, the 800-hectare site in Mbodiène - about 100km (60 miles) south of the capital, Dakar - remains mostly empty. The only structure is an incomplete reception building. There are no roads, no housing, no power grid.
"We were promised jobs and development," one local resident told the BBC. "Instead, nothing has changed."
Meanwhile the star's Akoin cryptocurrency has struggled to repay its investors over the years, with Akon himself conceding: "It wasn't being managed properly - I take full responsibility for that."
There had also been questions over whether it would even be legal for Akoin to operate as the primary payment method for would-be residents of Akon City. Senegal uses the CFA franc, which is regulated and issued by the Central Bank of West African States (BCEAO), and like many central banks has expressed opposition to cryptocurrency.
The plans for Akon City had been sweeping.
10 Design Architecture An architect's drawing of Akon City.
10 Design Architecture
These plans have been shelved and work will begin on a more realistic development at the same site in Mbodiène
Phase one alone was to include a hospital, a shopping mall, a school, a police station, a waste centre, and a solar plant - all by the end of 2023.
Sitting on Senegal's Atlantic Coast, Akon's high-tech, eco-friendly city was supposed to run entirely on renewable energy.
But despite Akon's insistence in a 2022 BBC interview that the project was "100,000% moving", no significant construction followed the initial launch ceremony.
Now the Senegalese government has confirmed what many suspected - the project had stalled beyond recovery. Officials cited a lack of funding and halted construction efforts as key reasons for the decision.
Although Akon City as it was originally imagined has been shelved, the government says it is now working with Akon on a more "realistic" development project for the same site.
The land near Mbodiène remains of high strategic value, especially with the 2026 Youth Olympic Games approaching and increased tourism activity expected.
 

MischievousMonkey

Gor bu dëgër
Joined
Jun 5, 2018
Messages
19,261
Reputation
8,155
Daps
94,395
Akon gave thousands electricity in places where they had to wait for the sun to be up to be able to study
And created local engineering schools to give autonomy to these villages

All factual

While we out here on the internet investigating his moves :yeshrug:

Whatever you do for the people, mouths are gonna clap and fingers are gonna type :ehh:
Goddamn, I was a complete imbecile:mjlol:

I'm glad I used these years to learn a little bit more about how the world works, and that "philantropy" and "entrepreneurship" aren't the way out of this mess
 

Chrishaune

Veteran
Joined
Jun 28, 2012
Messages
37,937
Reputation
2,711
Daps
92,653
Reppin
Huntsville
Who really believed this was going to happen?

These people with big plans just want investors so they can take the money.
 
Top