It has been announced that a $6 billion construction contract has been awarded to build Akon City in Senegal, Africa.

Senegalese-American singer, businessman, and philanthropist Akon is building a futuristic-cryptocurrency themed city, named after himself.

Akon City has awarded the contract for building and executing the city to KE International, which is a United States-based consulting and engineering firm.

Akon City is located on 2,000 acres near the ocean, less than an hour’s drive south of the new international airport in Dakar.

Akon says he will use his cryptocurrency, ‘AKoin” to build the city’s economy.