Business

Akon acquires land to build second futuristic city in Uganda

Acclaimed musician and business mogul Akon has set his sights on constructing a second futuristic and cryptocurrency-based city on the motherland, with the East African nation of Uganda being his country of choice this time around.

In a statement Monday, the Ugandan government announced they had reached an agreement to allocate the Senegalese-American singer a piece of land worth a square mile for the “Akon City” project, Revolt reported. The state-of-the-art project is expected to be completed by 2036 and transactions in the city will be done through his “stellar-based” AKoin cryptocurrency. The cost of the project was not disclosed though the one in his native Senegal is reportedly valued at around $6 billion.

Asked if the country’s locals would be able to afford the services the city would be offering once complete, the Freedom singer answered with optimism. “I know if I put it there, they’re going to find a way to afford it because it’s going to motivate them,” he said.

“But ultimately when you create an opportunity, people grow with that opportunity, people learn with that opportunity, people are motivated with that opportunity.”

The news of the Uganda project comes on the back of a similar $6 billion one in his native Senegal. In an interview with the Associated Press last year, the 47-year-old revealed construction was set to commence this year.

Born Aliaume Damala Badara Akon Thiam, the musician had earlier shared his plans of building the city in 2018, describing it as “a real-life Wakanda” in reference to the Afro-futuristic city in Marvel’s movie, Black Panther. He also said the city will similarly use the AKoin cryptocurrency.

The site for the Senegal project is in the village of Mbodiene. And the time Face2Face Africa reported this story last year, the Locked Up singer said he had been able to acquire one-third of the $6 billion needed for it.

Akon also said he hoped the project would create jobs for locals in the West African nation as well as serve as a “home back home” for Black Americans and other people in the diaspora who are being racially discriminated against.

“The system back home treats them unfairly in so many different ways that you can never imagine. And they only go through it because they feel that there is no other way,” he told the Associated Press. “So if you’re coming from America or Europe or elsewhere in the diaspora and you feel that you want to visit Africa, we want Senegal to be your first stop.”

Francis Akhalbey

A reader once told me I lack the emotional maturity to cope with mythological breasts. I support Manchester United, by the way. And L.A. Lakers.

Recent Posts

Pacers star Tyrese Haliburton says his little brother was racially abused while watching him play

Pacers star Tyrese Haliburton has said that his little brother was subjected to racial abuse,…

16 hours ago

This is how Reggie Bush got his Heisman Trophy back after 14 years

Reggie Bush has regained his place as the 2005 Heisman Trophy winner after over a…

16 hours ago

Nick Cannon says he is a lupus warrior as he undergoes blood treatment after decade of battle with condition

Since 2012, actor Nick Cannon has openly shared his struggle with lupus to support others…

17 hours ago

Here’s how much NFL draft’s No. 1 pick Caleb Williams will earn

Former USC superstar Caleb Williams has been drafted by the Chicago Bears as the No.…

18 hours ago

Stephen A. Smith on the money mistake he made that got him fired from ESPN

Stephen A. Smith is an ESPN analyst. People widely regard him as the face of…

18 hours ago

‘Hip-hop’s best basketball player’ Lil Durk is giving HBCU students a chance to win $333K in scholarships

Lil Durk is an American rapper and one of the most influential voices in the…

19 hours ago

Kevin Hart’s Gran Coramino Tequila donates over $1 million to small Black and Latinx businesses

In 2022, Kevin Hart added a new title to his impressive resume: a tequila entrepreneur.…

22 hours ago

‘Nothing was handed out to me’: Swerve Strickland on becoming the first Black AEW World Champion

AEW's latest pay-per-view, Dynasty 2024 on Sunday night saw Swerve Strickland defeat Samoa Joe to…

23 hours ago

Opal Lee: 97-year-old ‘Grandmother of Juneteenth’ to receive 8th honorary doctorate

Renowned civil rights activist Opal Lee, known as the "Grandmother of Juneteenth," will be awarded…

24 hours ago

Gun violence: Mississippi mother’s two sons fatally shot in the space of a month

Violet Horne lost her two sons to gun violence within the space of a month.…

1 day ago

Ohio police released K-9 on man after mistakenly believing he was driving stolen car

An Ohio man said a K-9 bit him seven times after he was pulled over…

1 day ago

Namibia: Outrage after tourists are spotted posing naked at Big Daddy dune

Three male foreign tourists who were spotted posing naked in a popular dune in Namibia…

1 day ago

Will.i.am partners with media veterans to acquire Uproxx, HipHopDX and more to form new studio

Will.i.am is partnering with other prominent figures to revolutionize the digital media scene by forming…

2 days ago

Meet Eritrea’s Sabelle Beraki who built a thriving toy business out of frustration

Sabelle Beraki's childhood was inundated with the lack of representation when it came to a…

2 days ago

How an entrepreneur used LinkedIn to raise $13.8 million

Benjamin Harvey is the founder of AI Squared, a third-party software company that helps organizations…

2 days ago