US EditionSinger Akon's $6 Billion Futuristic City Plans Canceled
MBODIÈNE, SENEGAL, JUL 10 – Sapco-Senegal plans to invest $1.2 billion to develop hotels, apartments, and a marina after reclaiming land from Akon's failed cryptocurrency city project.
- Senegal's state-owned Sapco confirmed that Akon City's $6 billion futuristic city project near Dakar no longer exists in 2025.
- The project collapsed due to Akon's failure to deliver, missed payments, funding issues, and stalled construction over several years.
- Sapco reclaimed most of the 136 acres set for Akon City near Mbodiène and now plans a $1.2 billion tourism complex with hotels and a marina.
- Serigne Mamadou Mboup, leader of Sapco, confirmed that they are backing a viable initiative Akon is currently developing with them, highlighting a shift toward a more practical plan.
- This shift reflects Senegal's focus on feasible development to boost tourism while Akon's abandoned smart city marks an unfulfilled promise along the Atlantic coast.
27 Articles
27 Articles
WNTZ FOX 48
Singer Akon's $6 billion futuristic city plans canceled
(NewsNation) — R&B singer Akon's $6 billion plans to build a futuristic city on Senegal's Atlantic Coast have been cancelled. Instead, the country plans to create a privately funded tourism hub. In 2020, Senegal officially granted Akon 136 acres of land in Mbodiène to construct the city. But missed payments and minimal developmental progress led Sapco-Senegal, the state-owned entity responsible for developing the country’s coastal and tourism ar…
Akon's African 'Wakanda' city gets crushed: 'I take full responsibility'
In 2020, platinum-selling artist Akon began an ambitious project to build a futuristic city in his ancestral homeland of Senegal. The city promised state-of-the-art infrastructure that acts as an "extension of the sea into the land."The singer started the $6 billion project, called AkonCity, with plans for a 2,000-acre resort, condos, and a stadium, all powered by renewable energy. In addition to featuring his own Akon Tower, the city was to use…
The American singer, star of Rs.B, was at the head of the crazy project "Akon City", a futuristic city inspired by the films "Black Panther". There will be only one stone left.
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