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Akon’s Crypto City Moves Ahead Awarding $6B Construction Contract

by Crypto News PortalJune 26th, 2020

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Akon announced plans to build a cryptocurrency city in Senegal in January. U.S. engineering firm KE International secured $4 billion from investors for the first two phases of Akon City’s construction. The firm has now confirmed the deal and added more details about the project. Akon first announced plans for the city in January, but has since added details about his plans to open the city's first phase in July. The city will be built in the first phase of the project, which will cost $6 billion.

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United States engineering firm KE International awarded Senegalese-American singer and entrepreneur Akon with a $6 billion contract to build a cryptocurrency city in Senegal.

According to a June 4 announcement, KE International secured $4 billion from investors for the first two phases of Akon City’s construction. Akon first to build the city in January. The firm has now confirmed the deal and added more details about the project.