Akon’s Futuristic Crypto City Officially Terminated
The Akon City project, a high-profile initiative by singer Akon, has been officially terminated following an agreement between Akon and a state owned enity.
The futuristic crypto-themed Akon City project, a high-profile initiative from Senegalese-American singer and entrepreneur Akon, has been officially terminated. Akon and the Senegalese Coastal Development and Promotion Company (SAPCO) have reached an “amicable agreement” to end the venture, the general manager of SAPCO, Serigne Mamadou Mboup, told a Senegalese news agency.
According to a Bloomberg report, SAPCO terminated the Akon City project after Akon failed to comply with a final demand to begin construction. The ultimatum, which was reportedly issued by SAPCO in 2024, came after a prolonged period of inactivity and...