BREAKING NEWS

    $6 Billion Construction of Akon’s Pan-African City Project in Senegal Kick Started in the First Half of 2021

    Posted On 06 Sep 2020
    By :
    Comments: 22

    By Abdul Rahman Bangura–

    AKON
    Photo: Africa Review

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The Novel Coronavirus vermin (COVID-19) might have harshly affected the multinational frugality with crucial reverses. On this note, it doesn’t discouraging musician and business magnate – Alliums Damala Badara Akon Thiam , from captaining forth with his blueprints of establishing a Pan-African City in his home nation of Senegal.

    In an interview with the Associated Press, the Locked Up singer, who spent most of his childhood in the West African nation, revealed the construction of the $6 billion project will commence early next year.

    The Singer, who’s a 47-year-old musician, born Aliaume Damala Badara Akon Thiam, shared his plans of building the city in 2018, describing it as an “a real-life Wakanda” in citation to the Afro-futuristic city in Marvel’s movie, Black Panther. He also let out, the city will use a cryptocurrency called AKoin.

    Akon added that, he wished the project would generate jobs for denizens in the French West African nation as well as serve a “home back home” for Black Americans and their people in the diaspora who are being racially discriminated against.

    “The system back home treats them unfairly in so many different ways that you can never imagine. And they only go through it because they feel that there is no other way,” asserted Akon.

    “So if you’re coming from America or Europe or elsewhere in the diaspora and you feel that you want to visit Africa, we want Senegal to be your first stop.”

    The singer, who traveled to the site of the project in Mbodienne with government officials on Monday, August 31st, 2020 explained he has been able to amass one-third of the $6 billion desired for the project. Nonetheless, he did not disclose the investors, saying non-disclosure agreements are in effect.

    New Africa Business News
    Africa’s Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

    Senegal’s Tourism Minister, Alioune Sarr also said the project couldn’t have come at a better time. “COVID-19 has sown doubt everywhere. This means that those who had doubts about the attractiveness of Senegal, and Africa in general, convince themselves that there are men and women who believe in Africa,” he let out to the Associated Press.

    It would take over three years for the first phase of the project to be completed once construction begins. The city will have facilities including a hotel that would have rooms designed specifically for each of the 54 African countries, a seaside resort, a tech hub, a movie hub known as “Senewood” as well as recording studios, among others.

    Over the past few years, Akon has ventured on some developmental projects across the African continent. In 2014, the singer launched his Akon Lighting Africa project aimed at providing electricity by solar energy in Africa. The initiative, which was inspired by the need to light up his grandmother’s house back in Senegal has financed various solar lighting projects across African countries including Mali, the Republic of Guinea, Benin, Senegal, Niger, Gabon, Equatorial Guinea, Congo-Brazzaville, Kenya, Sierra Leone, Burkina Faso, Nigeria, Madagascar, and Namibia.

    “It was a way of just trying to figure out what solution would be necessary to get electricity there,” Akon explained about the project. “In the process, you start to realize how many people are out there lacking electricity, especially in Africa.”

     

    Invest in Modern Africa
    Africa Fastest Growing Continent. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

    New Africa Business News Person of the year 2020
    Start Voting for New Africa Business News Person of the year 2020. Nomination Starts July 04 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. New Africa Business News Person of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

    AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA)
    Accelerating Intra-African Trade and Boosting Africa’s Trading Position in the Global Market by Strengthening Africa’s Common Voice and Policy Space in Global Trade Negotiations. For More Information Contact: African Union Headquarters, P.O. Box 3243, Roosvelt Street W21K19, Addis Ababa  Ethiopia, Tel: +251 11 551 77 00  Fax: +251 11 551 78 44.

     

    Africa President of the year 2020
    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. Africa President of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

    HELP FIGHT CLIMATE CHANGE
     United Nations Environment Programme (UNEP) Leading Global Environmental Authority that Sets the Global Environmental Agenda, Promotes Coherent Implementation of the Environmental Dimension of Sustainable Development within the United Nations System, and Serves as an Authoritative Advocate for the Global Environment.  Visit:  www.unenvironment.org  

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
    1. Emmanuel September 6, 2020 at 3:38 am Reply

      Beautiful reporting. Fan of new Africa business news. As you know, the Akon came back to Africa with little money from his record back from the States and now he is making Millions of dollars in the continent, and could join the Billionaire club very soon. Only in Africa, that the dream is alive. Come back home, our African diasporas. Time to build our great continent. Port Harcourt, Nigeria. Emmanuel

    2. Zainaba September 6, 2020 at 3:57 am Reply

      Follower of the online newspaper on Facebook. Thank you, team. Zainab in Paris, France

    3. Roka September 6, 2020 at 4:32 am Reply

      Thanks for reporting. Akon indeed made the best decision of his life by moving back to Motherland. The great life that him and his family are having in the continent, that, they would never and ever have in the West. Thank to Africa. Sumbe Angola. Roka

    4. Chuki September 6, 2020 at 4:53 am Reply

      Africa rising, great move for Akon to move back to the continent and get the investments from group of companies, to build this smart city sometime in 2021. Wishing him and his investors success in this endeavor. Nairobi Kenya. Chuki

    5. Allen September 6, 2020 at 5:00 am Reply

      Love your newsletter and thank you for signing me. Frankfurt Germany. Allen

    6. Ketzia September 6, 2020 at 5:08 am Reply

      Thank you for da report. Let’s build smart and beautiful Cities all over the Continent. Great idea Akon. Douala Cameroon. Ketzia

    7. Zabe September 6, 2020 at 5:21 am Reply

      Enjoy reading your reports. As the saying said in our Continent, if you are Black you are African. Africa calling you to come back home. Harare Zimbabwe. Zabe

    8. Nicky September 6, 2020 at 5:30 am Reply

      Our Ancestors are calling the Diaspora to come back home and help build modern Africa and thank you for the report. Johannesburg South Africa. Nicky

    9. Sophia September 6, 2020 at 5:38 am Reply

      Love reading your online newspaper. Thank you all. Sophia in Abuja, Nigeria.

    10. Bazen September 6, 2020 at 5:44 am Reply

      Thank you for the newsletter. I did and will recommend your newspaper to my family and fiends. Addis Ababa, Ethiopia. Bazen

    11. Abibatu Bangura Freetown, Sierra Leone. September 7, 2020 at 7:38 pm Reply

      Our continent is calling on Africans in the diaspora to come and invest unhesitantly in our lovely continent. Journalist Bangura you’re the best. May God continue to bless the New Africa Business News. NABN is one of Africa’s digital one-stop breaking news media outlets in the world.

    Leave a Reply

    *

    Facebook

    Latest Posts

    South Africa’s Informal Economy Shows Signs of Movement to Switch toward Cashless Economy, Study

    $11.70 million Expended by the Africa Development Bank to Facilitate Access to Fertilizers for African Agricultural Producers

    TRANSCO – CLSG wields Impressive Coordination Meetings for the Development of the Gambia River

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.