Earlier this year, Senegalese-American singer Akon announced the launch of his cryptocurrency-powered city in Senegal.
The city will rise near the capital of Dakar and will be sustainable while still acting as a tourism center.
Progressing on this development, Akon has just closed a $6 billion deal with KE International. this money is a structural contract for the new city.
below is more information from the press release.
“Akon City has awarded the contract for building and executing the city to KE International, a US based Consulting and Engineering firm. The US $6 Billion futuristic-cryptocurrency themed City is founded by Senegalese-American superstar and philanthropist Akon.
With the awarding of the contract, KE International has secured US $4 Billion from investors for the first and second Phases of execution of Akon City, and will have Dubai based Bakri & Associates Development Consultants lead the architectural designs under KE International guidance.”