Akon’s Crypto City Moves Ahead Awarding $6B Construction Contract

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Akon announced plans to build a cryptocurrency city in Senegal in January. U.S. engineering firm KE International secured $4 billion from investors for the first two phases of Akon City’s construction. The firm has now confirmed the deal and added more details about the project. Akon first announced plans for the city in January, but has since added details about his plans to open the city's first phase in July. The city will be built in the first phase of the project, which will cost $6 billion.