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Singer Akon's $6 Billion Futuristic City Plans Canceled
MBODIÈNE, SENEGAL, JUL 10 – Sapco-Senegal plans to invest $1.2 billion to develop hotels, apartments, and a marina after reclaiming land from Akon's failed cryptocurrency city project.
- Akon planned to build a $6 billion Wakanda-inspired smart city called Akon City near Dakar, Senegal, with completion targeted for 2023.
- The project stalled due to funding problems, missed payments, and legal issues, leading Senegal to reclaim most of the land and scrap the initiative.
- Only a few basic facilities, including a center for young people, a basketball court, and a small visitor center, were completed, leaving the majority of the area undeveloped and abandoned.
- Serigne Mamadou Mboup, head of Senegal's Sapco tourism agency, confirmed the project "no longer exists" and described future plans as a $1.2 billion tourism hub.
- Sapco aims to develop the area into a hospitality complex with hotels, apartments, and a marina, reflecting a more realistic approach to local economic growth.
29 Articles
29 Articles
WNTZ FOX 48
Singer Akon's $6 billion futuristic city plans canceled
(NewsNation) — R&B singer Akon's $6 billion plans to build a futuristic city on Senegal's Atlantic Coast have been cancelled. Instead, the country plans to create a privately funded tourism hub. In 2020, Senegal officially granted Akon 136 acres of land in Mbodiène to construct the city. But missed payments and minimal developmental progress led Sapco-Senegal, the state-owned entity responsible for developing the country’s coastal and tourism ar…
Akon's African 'Wakanda' city gets crushed: 'I take full responsibility'
In 2020, platinum-selling artist Akon began an ambitious project to build a futuristic city in his ancestral homeland of Senegal. The city promised state-of-the-art infrastructure that acts as an "extension of the sea into the land."The singer started the $6 billion project, called AkonCity, with plans for a 2,000-acre resort, condos, and a stadium, all powered by renewable energy. In addition to featuring his own Akon Tower, the city was to use…
The American singer, star of Rs.B, was at the head of the crazy project "Akon City", a futuristic city inspired by the films "Black Panther". There will be only one stone left.
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