Wednesday, April 22, 2026
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home News

Akon’s $6bn Futuristic City Project in Senegal Abandoned, Says Official

Babatunde Abdulraheem Lawal by Babatunde Abdulraheem Lawal
July 4, 2025
in News
0
Akon’s $6bn Futuristic City Project in Senegal Abandoned, Says Official
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

Senegalese authorities have officially confirmed that plans for Akon City, the ambitious $6 billion futuristic metropolis championed by global music star Akon, have been abandoned. Instead, a more realistic project is now being planned for the same site in Mbodiène, according to Senegal’s tourism development agency, SAPCO.

“The Akon City project no longer exists,” said Serigne Mamadou Mboup, head of SAPCO, in an interview with the BBC. “Fortunately, an agreement has been reached with Akon [Alioune Badara Thiam] on a new, practical development, which SAPCO will fully support.”

Related posts

BREAKING: President Tinubu Sacks Finance Minister Wale Edun

BREAKING: President Tinubu Sacks Finance Minister Wale Edun

April 21, 2026
Niger, Mali Foreign Ministers Accuse Neighbours of Sponsoring Terrorism, Say ECOWAS Exit Is Final

Niger, Mali Foreign Ministers Accuse Neighbours of Sponsoring Terrorism, Say ECOWAS Exit Is Final

April 21, 2026

Unveiled in 2018 with comparisons to Marvel’s fictional Wakanda, Akon City was marketed as a high-tech, eco-friendly smart city powered entirely by renewable energy and a new cryptocurrency, Akoin. Phase one was to include a hospital, shopping mall, school, police station, waste center, and solar plant—all to be completed by 2023.

However, after five years of stagnation, the 800-hectare plot in Mbodiène, about 100km south of Dakar, remains barren, with only a half-finished reception building standing. Locals who once had high hopes for jobs and development are now left disappointed. “We were promised opportunities,” one resident told the BBC. “Nothing has changed.”

Akon’s cryptocurrency Akoin also struggled to deliver on its promises, facing financial issues and raising regulatory concerns. Senegal’s use of the CFA franc, regulated by the Central Bank of West African States, created legal hurdles for Akoin to be adopted as a primary currency within the country.

Despite Akon’s optimism in past interviews—once saying the project was “100,000% moving”—little to no progress was made. Authorities have now cited a lack of funding and stalled construction as the main reasons for shelving the initiative.

Still, hope remains for the Mbodiène site. With the 2026 Youth Olympic Games on the horizon and tourism expected to grow, SAPCO says it is partnering with Akon on a new, achievable development plan. Details of the revised project are yet to be released, but officials stress that it will align more closely with current economic realities and infrastructure needs.

For now, the bold vision of Akon City fades into history as a symbol of ambition, setbacks, and the fine line between dream and delivery.

Tags: Akonsenegal
Previous Post

Nigeria: Senator Natasha Found Guilty of Contempt, Fined N5m

Next Post

Nigeria: Court Nullifies Suspension of Senator Natasha, Orders Senate to Recall Her

Next Post
Nigeria: Court Nullifies Suspension of Senator Natasha, Orders Senate to Recall Her

Nigeria: Court Nullifies Suspension of Senator Natasha, Orders Senate to Recall Her

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Nigeria: Makinde Secures FG’s Approval to Make Ibadan Airport International

Nigeria: Makinde Secures FG’s Approval to Make Ibadan Airport International

2 years ago
Nigeria: (VIDEO) Nollywood Mourns as Mr Ibu is Laid to Rest in Enugu

Nigeria: (VIDEO) Nollywood Mourns as Mr Ibu is Laid to Rest in Enugu

2 years ago
Germany Signs Agreement With Kenya to Bring in Skilled Workers

Germany Signs Agreement With Kenya to Bring in Skilled Workers

2 years ago
Nigeria: Nnamdi Kanu Seeks to Halt Terrorism Trial, Cites Jurisdictional Issues

Nigeria: Nnamdi Kanu Seeks to Halt Terrorism Trial, Cites Jurisdictional Issues

5 months ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Finding the Right Balance Between Product-Led Growth and Project Delivery – Ese Onogoro

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Nigeria High Commission in London Faces Backlash Over Use of Redeemed Churches for Passport Exercise

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.