It's a Done Deal! The Akon City in Senegal is now Underway

Akon created his own city in Senegal called 'Akon City'

Akon Signs Agreement To Build His Own City In Senegal

"Just finalized the agreement for AKON CITY in Senegal", Akon tweeted. It's called Akon City, it has its own cryptocurrency, it's apparently a five-minute-drive from the West African state's new worldwide airport, and he's looking forward to hosting us. "Looking forward to hosting you there in the future".

The Grammy-nominated rapper said during a Cannes Lions International Festival of Creativity panel that crypto and blockchain have the potential to change Africa in many ways.

The futuristic city will exclusively trade in digital cash dubbed AKoin, which Akon arguing that the technology can help Africans to become less-dependent on their governments.

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Meanwhile, earlier reported that Akon started construction of an entire city in Africa.

It comes just days after Senegal's state-owned tourism company SAPCO said that Akon has pledged to invest in tourism in the country.

Obviously, the country - and the continent of Africa - occupies a special place in his heart.

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The "Smack That" singer originally announced plans for the "crypto city" city in 2018 which sits on a 2,000- acre piece of land he was gifted by Senegal's President Macky Sall.

It says: '[The city is] within 5 minutes of the new worldwide airport, close to the coast and a short drive from Dakar, the capital city of Senegal (Akon's ancestral homeland). "It's a 10-year building block so we're doing it in stages", he said. "We started construction in March (2019) and stage two is going to be 2025". But in his response to the worth of the project, he said, "I always felt like if you have to label yourself a billionaire, I don't even think billionaires label themselves one. It's like a waste of a billion dollars", he explained.

Just last week, Akon also signed a "memorandum of understanding" deal with Senegal's state-owned tourism company SAPCO.

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Whilst the terms of that agreement aren't clear yet, it seems as if he's dead set on using his money to improve his homeland.

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