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Julius Mwale Christened as one of the Masters behind an Sh600 Billion Venture for the Establishment of Akon City in Senegal
Posted On 19 Jun 2020
By Abdul Rahman Bangura–
Akon & Julius Mwale
Photo Credit: Youtube
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- A certain Kenyan man, Julius Mwale has been listed as one of the masters behind an Sh600 billion project for the construction of Akon City in Senegal.
Julius Mwale was previously fulfilled as a soldier in the Kenyan Air Force but eloped to the US in 2000 after pursuing political protection heeding a bitter consequence with the administrations. Mwale is announced to be part of the undertaking which is a cryptocurrency themed City in Senegal.
Global songster Akon permeated an agreement with US-based engineering and consulting firm – KE International in early June 2020.
KE International developed the preliminary $4 billion from investors and will utilize it to complete the first and second phases of the city’s construction. In this development, the city shall likewise comprise of parks, a stadium, universities, and an industrial complex in Akon City.
The first phase, which is expected to be completed by the end of 2023, includes the construction of roads, a Hamptons Hospital campus, Hamptons Mall, a police station, a waste facility, a school, and a power plant.
Phase 2 will expire in 2029 and will focus on integrations to run on Akon’s AKOIN cryptocurrency.
Merely like Akon, Mwale is also working with KE International to create his Sh200 billion Mwale Medic and Technology City project in Kenya.
President of Senegal – Macky Sall, will dedicate Akon City as an outstanding tax zone with tax breaks geared towards exhorting corporations to capitalize.
Akon’s city will be only the second led city in Africa fulfilling Mwale’s Mwale Medical and Technology City. The whole edifice for Akon City is anticipated to be finalized in 2030.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent
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That’s da Akon. He knows their is no place like home. Happy for all he is doing for da continent. Thank for da report. Dakar, Senegal.Mahamadou.
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Are you kidding me Akon is building a City in Africa. Very intelligent and great vision. Helsinki Finland. DJ Williams.
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Yap Julius Mwale is another African success story. Successful businessman. Good investment for our great continent. We Africans built the United States and Europe. Is time for us to build our great continent and that is what happening. I love new africa business news and thank you. Johannesburg SOUTH AFRICA. Precious.
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Bangura thank you and your team, for your great reporting. I love this great newspaper. Feeding me with news all over the Continent. Please thank you. Yaya in Freetown Sierra Leone.
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I love your newsletter and thank you for signing me to your newsletter. I am one of your regular reader. Casablanca, Morocco. Ahmed.
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Apparently, no place like. Thank you so much, Amon and Mwale. Africans let’s try to make Africa great again.
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