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Senegal Abandons $6 Billion Akon City Project

7/8/2025

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Summary

Story summary

The Senegalese government has officially scrapped the ambitious Akon City project, a $6 billion vision for a cryptocurrency-driven metropolis that was first unveiled in 2018. The lack of progress sparked disappointment among locals, prompting officials to pivot towards more feasible initiatives with Akon, leaving dreams of a futuristic city behind.

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Story summary

The Senegalese government has officially scrapped the ambitious Akon City project, a $6 billion vision for a cryptocurrency-driven metropolis that was first unveiled in 2018. The lack of progress sparked disappointment among locals, prompting officials to pivot towards more feasible initiatives with Akon, leaving dreams of a futuristic city behind.