Monday, April 12, 2021

Akon to build Akon city in Uganda by 2036

Must read

Zambian athletes fight stigma against albinos, disabled persons

Lassam Katongo, a Zambian athlete based in the capital, Lusaka, shows off his trophies and medals earned from some of the international athletic games...

Uganda, Tanzania sign $3.5bn deal with global oil firms

The governments of Tanzania and Uganda on Sunday signed a long awaited oil deal with international oil firms—French Total E&P, and China’s Cnooc. The deal...

Man with snails, ‘prekese’ in luggage from Ghana detained at JFK Airport

A man was detained briefly last week after arriving at JFK Airport with luggage full of snails, dried beef, turkey berry, carrot, oxtail, medicinal...

The African Union’s digital Covid-19 passport for travelers

The African Union has developed a common continental Covid-19 digital passport for travelers and airlines. It is an initiative by African Union's lead health agency,...
Isaac Kaledzihttps://en.wikipedia.org/wiki/Isaac_Kaledzi
Isaac Kaledzi is an experienced and award winning journalist from Ghana. He has worked for several media brands both in Ghana and on the International scene. Isaac Kaledzi is currently serving as an African Correspondent for DW.
- Advertisement -

US hip hop star Akon has said during his recent trip to Uganda that he will be building a city in that country called the Akon City.

The government of Uganda has already agreed to allocate him land of the size of 1 square mile.

A statement from State House said the president had a fruitful meeting with the Senegalese singer as they discussed a number of investment opportunities in Uganda.

“During the meeting at the president’s countryside home Rwakitura in Kiruhura district, attended by the First Lady Janet Museveni and the Minister of Education and Sports, the president shared with guests many areas of interest and value of the untapped natural resources for investment in the country; many of them with rare natural scenery on the globe,” the statement said.

“The president told the investor that to put investment interests in motion in a short period, government would spot land for him preferably in central region districts or Kalangala district islands,” the statement added.

AKoin currency

- Advertisement -

The city will operate on AKoin currency, a stellar-based cryptocurrency.

President of Uganda, Yoweri Museveni last week spoke highly of Akon as he welcomed him to his office.

The two held discussions with Museveni saying he told AKon and “his wife that Uganda is the best tourism destination, known for its fantastic weather, considering that we are right on the Equator but with a high altitude. This is unique! There are only about two other places gifted that much.”

- Advertisement -

Museveni said Akon and his wife came to “Uganda in search of business opportunities in a number of sectors like energy, tourism, and infrastructure development. I am happy to engage in such a discussion that will uplift our people and Africa at large.”

According to Uganda’s government Akon expressed interest to invest in solar energy, tourism sectors and infrastructure development areas.

“He said he has also identified investment strategies in some other Africa citing Kenya, Congo Brazzaville.”

Senegal deal

Last year the hip hop star announced that a deal to have him build a similar city in Senegal had been finalized.

Akon’s family originally hails from Senegal and in 2018 he announced plans to build the city in the West African nation where only a new cryptocurrency named after himself – called Akoin will be used.

At the time Akon said the “crypto city” in Senegal will portray “a real-life Wakanda” just like the fictional land of Wakanda in Marvel’s Black Panther.

Akon’s team said has has been given 2,000 acres of land by the President of Senegal to build the city.

 

Senegal: Deal for ‘AKON CITY’ finally sealed

 

Source: Africafeeds.com

- Advertisement -

More articles

- Advertisement -

Latest article

Zambian athletes fight stigma against albinos, disabled persons

Lassam Katongo, a Zambian athlete based in the capital, Lusaka, shows off his trophies and medals earned from some of the international athletic games...

Uganda, Tanzania sign $3.5bn deal with global oil firms

The governments of Tanzania and Uganda on Sunday signed a long awaited oil deal with international oil firms—French Total E&P, and China’s Cnooc. The deal...

Man with snails, ‘prekese’ in luggage from Ghana detained at JFK Airport

A man was detained briefly last week after arriving at JFK Airport with luggage full of snails, dried beef, turkey berry, carrot, oxtail, medicinal...

The African Union’s digital Covid-19 passport for travelers

The African Union has developed a common continental Covid-19 digital passport for travelers and airlines. It is an initiative by African Union's lead health agency,...

Tanzania’s President in Uganda for her first official state visit

Tanzania's President Samia Suluhu Hassan arrived in Uganda on Sunday for her first foreign trip and state visit since becoming President. President Hassan inspected a...
- Advertisement -