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Home » Business » Senegalese Singer Akon to Spend Over $6 billion to build Akon City in Uganda

Senegalese Singer Akon to Spend Over $6 billion to build Akon City in Uganda

The Ugandan city is Akon’s second town in the making. The entrepreneur is also working on the completion of an Akon city in Senegal..

Khina Murah by Khina Murah
April 8, 2021
in Business
Pastor Kiwedde & ex wife Mbabazi

Akon

Akon is reportedly preparing to build a crypto currency-based city in Uganda his second planned futuristic city in the continent of Africa.

On Monday thus week, the Ugandan government announced that they allocated one square mile of land to the business mogul for the city. It has been said that the cost of construction will be about $6 billion

The city which will be completed by 2036  will operate on his AKoin currency, “a stellar-based crypto currency.”

In regards to Uganda’s ability to fund the  development of the new city, Akon said, “I know if I put it there, they’re going to find a way to afford it because it’s going to motivate them.”

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He added, “Ultimately when you create an opportunity, people grow with that opportunity, people learn with that opportunity, people are motivated with that opportunity.”

The Ugandan city is Akon’s second town in the making. The entrepreneur is also working on the completion of an Akon city in Senegal.

Akon has already identified land where the Akon city will be located.@CanaryMugume brings you this and much more about the Akon City project during #NBSLiveAt9.

Make a date with us. #NBSUpdates pic.twitter.com/cbymlhQqNP

— NBS Television (@nbstv) April 7, 2021

 164 total views,  2 views today

Tags: AkonAkon City in UgandaAkon in Uganda
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Khina Murah

Khina Murah

I am a Ugandan well trained and experienced Entertainment journalist and businesswoman. I do both research and anchoring.

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