Akon Signs Deal To Build A $6 Billion Crypto-City In Africa!! (Pics)

R&B singer Akon is building a real life Wakanda in Africa. MTO News confirmed that the singer/philanthropist and investor just signed a deal to build a crypto-city in Sengegal, and the pictures of the new city look amazing.

Dubbed Akon City and due for set for completion in ten years, Akon’s 2,000-acre project is being touted as an eco-friendly, mixed-use development open to “all people of the African diaspora. “

The city is located two hours away from Senegal’s capital city of Dakar. It will be the first LEED-certified project on the continent. Construction begins this year 2021.

Akon is promoting his latest endeavor as a boon for both tourism and business in the region and has received considerable support from the Senegalese government, including through a partnership with SAPCO, the state’s tourism agency. 


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Akon City’s official website markets the development as a venue for middle- and high-income residences, education and “training” services, and professional activities. It will run on Akoin, a new cryptocurrency that the singer suggests will be compatible with a variety of smartphones and other cellular devices, as well as with other cryptocurrencies like Bitcoin and Ethereum.

The project is being jointly developed by Los Angeles-based KE International and Dubai-based Bakri & Associates Development Consultants, with CEO Hussein Bakri as its lead architect. According to Business Insider, Bakri & Associates claims that Akon City will take advantage of traditional and newly-developed construction materials, including lighter-weight, more efficient glass-and-steel components. Buildings will be powered by clean energy, likely by Akon Lighting Africa, the singer’s solar energy project that aims to install solar-powered lights across Africa.

Here are some pictures of the city: