Despite early excitement surrounding the ambitious Akon City project in Senegal, singer Akon's grand plans have officially been shelved in favor of a new, pragmatic initiative. Serigne Mamadou Mboup, head of Senegal's tourism development agency Sapco, confirmed to BBC News that the project originally estimated at $6 billion has been deemed unviable, prompting a re-evaluation of the goals associated with the site located in Mbodiène, about 100 kilometers from Dakar.
Launched in 2018, Akon City was envisioned as a forward-thinking metropolis powered by renewable energy and supported by its own cryptocurrency, Akoin. The project's elaborate designs were often likened to the fictional African city of Wakanda from the Marvel universe, sparking anticipation and excitement among both locals and the broader audience interested in African development innovations. However, the five years since its announcement have seen stagnation, with the site remaining largely undeveloped, featuring only an incomplete reception building.
Local residents expressed disappointment, noting that promised job opportunities and community development had not materialized, leaving them with unfulfilled hopes. Adding to the challenges, Akoin's financial struggles raised doubts regarding its viability as the primary currency for transactions within Akon City, especially given Senegal's formal economic regulations surrounding the CFA franc.
With the original Akon City plans now abandoned, officials have indicated a new direction that would focus on a more realistic approach. The government is set to collaborate with Akon on a project utilizing the strategic location of the land, especially with significant events like the upcoming 2026 Youth Olympic Games expected to attract increased tourism.
While the initial vision may not have succeeded, this pivot towards pragmatic planning signifies an important step towards fostering development in the region and adapting to the realities faced by the community.
Launched in 2018, Akon City was envisioned as a forward-thinking metropolis powered by renewable energy and supported by its own cryptocurrency, Akoin. The project's elaborate designs were often likened to the fictional African city of Wakanda from the Marvel universe, sparking anticipation and excitement among both locals and the broader audience interested in African development innovations. However, the five years since its announcement have seen stagnation, with the site remaining largely undeveloped, featuring only an incomplete reception building.
Local residents expressed disappointment, noting that promised job opportunities and community development had not materialized, leaving them with unfulfilled hopes. Adding to the challenges, Akoin's financial struggles raised doubts regarding its viability as the primary currency for transactions within Akon City, especially given Senegal's formal economic regulations surrounding the CFA franc.
With the original Akon City plans now abandoned, officials have indicated a new direction that would focus on a more realistic approach. The government is set to collaborate with Akon on a project utilizing the strategic location of the land, especially with significant events like the upcoming 2026 Youth Olympic Games expected to attract increased tourism.
While the initial vision may not have succeeded, this pivot towards pragmatic planning signifies an important step towards fostering development in the region and adapting to the realities faced by the community.
