Senegal has officially abandoned plans for Akon City, a $6 billion futuristic city project inspired by the fictional Wakanda from Marvel's Black Panther. The project, initiated by R&B singer Akon and supported by his Akoin cryptocurrency, was intended to be a multibillion-dollar development on Senegal's Atlantic Coast. However, after years of delays, missed payments, and only one incomplete building constructed, the Senegalese government repossessed the land. The country, facing debt challenges, has opted for a scaled-back, privately funded tourism hub that will include hotels, apartments, and a marina, with an estimated value of $1 billion. The Akon City project was widely criticized amid allegations of fraud and failure to deliver on promises, with local residents displaced and awaiting compensation. Akon still retains partial ownership of the land, but the original vision of a smart, crypto-powered city has been scrapped in favor of a more modest development plan.
Akon stands firm on Akon City, declaring his vision for Africa is unstoppable. The project faces attacks, but his mission holds strong. Get the full story: https://t.co/PUUrWtdklB https://t.co/QO3cNhrLdD
#Akon is assuring #TMZHipHop that reports of his beloved "Akon City" project being canceled are grossly overblown -- but says there are a few haters who want to see it that way!!! #Exclusive story at the 🔗HERE: https://t.co/A5p7IrmOSa https://t.co/zfne17Ggww
Akon Promises His 'Akon City' Is Still Happening Despite Cancelation Reports https://t.co/zPhAXiPjlI