U.S. engineering agency, KE Worldwide, awarded Senegalese-American singer and entrepreneur Akon with a $6 billion contract to construct a cryptocur
U.S. engineering agency, KE Worldwide, awarded Senegalese-American singer and entrepreneur Akon with a $6 billion contract to construct a cryptocurrency metropolis in Senegal.
In response to a June four announcement, KE Worldwide secured $four billion from traders for the primary two phases of Akon Metropolis’s building. Akon first introduced plans to construct town in January. The agency has now confirmed the deal and added extra particulars concerning the mission.
A crypto-driven metropolis
The primary part of Akon Metropolis’s improvement is predicted to be accomplished by the top of 2023. By the top of this part, the advanced will embody a mall, residences, motels, a police station, a college, a waste facility, a solar energy plant, and a hospital campus.
The second part is predicted to be accomplished in 2029 and is predicted to ship a whole metropolis solely working on the Akoin cryptocurrency. As Cointelegraph reported in mid-March, Akoin is a cryptocurrency designed for entrepreneurs in growing nations comparable to Africa.
KE Worldwide can also be managing the development of the $2 billion Mwale Medical and Know-how Metropolis in Western Kenya. The mission began in 2014 and is predicted to be accomplished on the finish of the present yr.
The advanced is already 85% full and features a 5,000 mattress hospital, which opened to the general public final yr. Apparently, this hospital additionally partnered with Akon to leverage its Akoin cryptocurrency for transactions.