05:49 GMT +321 January 2020
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    American-born rapper and pop singer Akon, full name Aliaune Damala Thiam Akon, revealed plans for a futuristic and innovative city in 2018, claiming that it would be a "Crypto city" in which residents would conduct all monetary transactions in 'Akoins'.

    American singer of Senegalese descent, Akon, announced on Monday finalizing an agreement to build a futuristic 'Akon City' near Senegal’s capital of Dakar. The project has been officially authorized by Senegal’s state-owned SAPCO tourism company.

    “Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future,” the artist stated on his social-media channels.
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    Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future

    A post shared by AKON (@akon) on

    Akon City, planned to be a five-minute ride from Dakar, will be built as a global ecotourism destination that would “campaign for the environment” on some 2000 acres of land.

    The city, which will reportedly run entirely on renewable energy sources through the project of 'Akon Lighting Africa', is expected to be a 'crypto-city', in which residents will only use a cryptocurrency to be known as AKoin.

    “Beyond his status as an artist, it is Akon the investor, who believes in Africa, Senegal's tourism ministry said in a statement, according to The Jakarta Post.

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    crypto, approval, Dakar, Senegal, city, Akon
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