
This high-profile development has been under scrutiny as authorities emphasize the need for progress.
Akon's ambitious project was first announced in 2020, with a substantial $6 billion investment planned. The city is envisioned as a futuristic hub, featuring a distinct cryptocurrency known as Akoin, which is intended to drive its economic activities. The groundbreaking ceremony for the project took place in 2020, where Akon laid the foundation stone on a 136-acre parcel of land along the Atlantic coastline, signifying the project's commencement.
Despite these promising starts, the development of Akon City has faced significant delays since it was initially introduced in 2018. The recent directive underscores the urgency for Akon to move forward with construction to avoid losing the majority of the land granted for this major endeavor.
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