Akon announces plan to build second Akon City
The rapper and producer Akon announces his cryptocurrency construction plans in coordination with the government of Uganda. Akon was allotted one square mile for Akon City by the Ugandan government that will kickstart his development project.
Akon to build Akon city in Uganda by 2036. The government of Uganda has agreed to allocate him land of the size of 1 square mile. The city will operate on AKoin currency, a stellar-based cryptocurrency. @nbstv pic.twitter.com/G4GHuefZFE
— Canary Mugume (@CanaryMugume) April 5, 2021
Akon City is set to be fully built by 2036 and the city will operate on AKoin cryptocurrency developed by Akon himself. This new project will be an expansion of Akon’s ongoing project of building a similar city in his native country of Senegal.
Akon is keeping his plans private and wouldn’t answer the question of how much this project would cost after being asked three times in an interview. Though Akon is keeping his funding private, it roughly costs $6 billion to construct the sister Akon city in Senegal.
The cost of the construction remains a mystery along with the amenities included in Akon City, Uganda but is expected to follow in the footsteps of the sister Senegal city. The blueprints of Akon City in Senegal feature a Hamptons Mall, Hampton Hospital campus, recreation facilities, schools, stadiums, a police department, and parks.
How will Akon achieve this futuristic Akon city in Uganda and yet that in Senegal has barely kicked off? Who will finance it? How much will the investment consume?
I put all these questions to Akon, look out for the exclusive interview with him tomorrow on #NBSLiveAt9 @nbstv pic.twitter.com/52Ouv0dKYG— Canary Mugume (@CanaryMugume) April 6, 2021
Akon assures his city will help benefit the people in Uganda in response to the question of how Ugandans will afford to live in his developing city. Akon believes that his city will motive the people of Uganda to invest in their future by investing in this cryptocurrency-based city. Akon City in Senegal will start construction this year for the next three years until completion and the Uganda city will be comp
