Akon has now announced that Akon City has officially awarded a $6 billion contract to KE International to build and execute his futuristic  metropolis in Senegal. Akon City is on track to have the first two phases of development completed by 2029.

The first phase the construction is expected to complete by the end of 2023. This phase will see the construction of roads, a Hamptons Hospital campus, a Hamptons Mall, residences, hotels, a police station, a school, a waste facility, and a solar power plant.

The second phase will reportedly run from 2024 to 2029 when the city is expected to run exclusively on AKOIN cryptocurrency. The government of President Macky Sall of Senegal has earmarked the city as a special tax zone with tax breaks to be given to the City to encourage investment.