Akon's $6 Billion Crypto City in Senegal Abandoned
Briefly

The $6 billion Akon City project in Senegal has been confirmed as defunct, with new focus shifting towards a more practical venture involving Akon. Initial construction reached only an incomplete reception building, lacking fundamental infrastructure. Akon, known from hits like 'Lonely,' admitted mismanagement of the Akoin cryptocurrency initiative. Senegal's tourism development organization, Sapco, will support different, realistic plans with Akon moving forward. His musical career is also being revived with new singles anticipated for 2025.
Akon's plan for a $6 billion Akon City in Senegal has been officially confirmed as a failure, paving the way for a more realistic project.
Construction of Akon City progressed only to an incomplete reception building, lacking essential infrastructure like roads, water, and power.
Akon acknowledged financial mismanagement of the Akoin cryptocurrency initiative, stating, 'It wasn't being managed properly. I take full responsibility for that.'
Senegal's tourism development body, Sapco, has shifted focus with Akon to support a more achievable project in place of the failed city.
Read at Consequence
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