Close Menu
TheHub.news

    This Day in History: October 11th

    By TheHub.news Staff

    For Many Homeowners of Color, the Eaton Fire Recovery Is Still Out of Reach

    By Veronika Lleshi

    The Sweet and Sour History of Watermelon

    By Cuisine Noir

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    X (Twitter) Instagram YouTube
    X (Twitter) Instagram YouTube
    TheHub.news
    Support Our Work
    • Home
    • Our Story
      • News & Views
        • Politics
        • Injustice
        • HBCUs
        • Watch
      • Food
        • Cuisine Noir
        • soulPhoodie
      • Passport Heavy
      • Travel
      • Diaspora
      • This Day
      • Entertainment
      • History
      • Art
      • Music
    • Healthy
    • Wealthy
      1. Copper2Cotton
      2. View All

      The Time to Buy a Home is Now…Maybe!

      September 11, 2023

      Focus Your Way to Wealth

      April 14, 2023

      What You Might Learn From a $300K Net Worth

      February 6, 2023

      How I built Wealth in a Bear Market

      January 13, 2023

      Black Women’s Unemployment Rate Drops: Here’s What the Latest Report Reveals

      January 13, 2025

      What Does Toxic Positivity Look Like in Personal Finances?

      April 12, 2024

      More Than Money: Cultivate More Flow to Unlock Your Financial Potential

      September 22, 2023

      Music Mogul Akon on How to “Stay Rich”

      September 12, 2023
    • Wise
    • Business
    • Sports
      1. First and Pen
      2. View All

      Muhammad Ali’s Unsigned Draft Card Is Black History for a Museum, Not an Auction

      October 9, 2025

      PK Subban Signs Multiyear Contract Extension With ESPN

      October 6, 2025

      Reactions to Kyren Lacy, Mark Sanchez Stories Expose Ignorance and Racism

      October 6, 2025

      Paul Finebaum’s Impetus for Possibly Entering Politics Feels Hypocritical

      October 1, 2025

      It’s Official: The Great Shelly-Ann Fraser-Pryce Retires from Track and Field

      October 9, 2025

      Muhammad Ali’s Unsigned Draft Card Is Black History for a Museum, Not an Auction

      October 9, 2025

      PK Subban Signs Multiyear Contract Extension With ESPN

      October 6, 2025

      Reactions to Kyren Lacy, Mark Sanchez Stories Expose Ignorance and Racism

      October 6, 2025
    • Tech
    • Podcasts
      1. Coach Cass
      2. More Than Money
      3. This Is Lurie Daniel Favors
      4. This is Karen Hunter
      5. Welcome to Knubia
      6. View All

      This Day in History: October 11th

      October 11, 2025

      For Many Homeowners of Color, the Eaton Fire Recovery Is Still Out of Reach

      October 10, 2025

      The Sweet and Sour History of Watermelon

      October 10, 2025

      This Day in History: October 10th

      October 10, 2025

      This Day in History: October 11th

      October 11, 2025

      For Many Homeowners of Color, the Eaton Fire Recovery Is Still Out of Reach

      October 10, 2025

      The Sweet and Sour History of Watermelon

      October 10, 2025

      This Day in History: October 10th

      October 10, 2025

      This Day in History: October 11th

      October 11, 2025

      For Many Homeowners of Color, the Eaton Fire Recovery Is Still Out of Reach

      October 10, 2025

      The Sweet and Sour History of Watermelon

      October 10, 2025

      This Day in History: October 10th

      October 10, 2025

      This Day in History: October 11th

      October 11, 2025

      For Many Homeowners of Color, the Eaton Fire Recovery Is Still Out of Reach

      October 10, 2025

      The Sweet and Sour History of Watermelon

      October 10, 2025

      This Day in History: October 10th

      October 10, 2025

      This Day in History: October 11th

      October 11, 2025

      For Many Homeowners of Color, the Eaton Fire Recovery Is Still Out of Reach

      October 10, 2025

      The Sweet and Sour History of Watermelon

      October 10, 2025

      This Day in History: October 10th

      October 10, 2025

      In Class with Carr: “Can America Continue? Should It?”

      October 7, 2025

      Women in America: Won’t Anyone Think of the Children?!

      September 24, 2025

      In Class with Carr: “The Hate That Hate Produced”

      September 22, 2025

      In Class with Carr: Juneteenth and the Unyielding Work of Liberation

      June 23, 2025
    TheHub.news
    Home»News & Views»Tech»Akon to Build Cryptocurrency-Based City in Uganda
    Tech

    Akon to Build Cryptocurrency-Based City in Uganda

    By TheHub.news StaffJune 3, 202302 Mins Read
    Facebook Twitter LinkedIn Email Copy Link
    Akon to build second city
    Share
    Facebook Twitter LinkedIn Email Copy Link

    Akon is making plans to build a second Akon City — this time in Uganda.

    The singer made the announcement via a news conference that aired on NBS Uganda on Monday, where he revealed he had acquired one square mile to create Akon City.

    The city will be powered by his digital currency, AKoin, and is slated to be completed by 2036.

    Akon to build Akon city in Uganda by 2036. The government of Uganda has agreed to allocate him land of the size of 1 square mile. The city will operate on AKoin currency, a stellar-based cryptocurrency. @nbstv pic.twitter.com/G4GHuefZFE

    — Canary Mugume (@CanaryMugume) April 5, 2021

    “I know if I put it there, they’re going to find a way to afford it because it’s going to motivate them,” Akon said when asked how he would fund the city. “But ultimately when you create an opportunity, people grow with that opportunity, people learn with that opportunity, people are motivated with that opportunity.”

    Last September, Akon unveiled his plans for the first Akon City development. Senegalese nationals will be encouraged to live and work in the $6 billion smart city and members of the African Diaspora would also be welcome. The 2,000-acre city will feature a luxury resort, high-rise condos, recording studios, a stadium and will also be powered by AKoin.

    Akon says Uganda has the biggest tourism potential in Africa. It has 10 national parks where visitors can see lions, leopards, rhinoes, elephants, buffalos, chimpanzees, mountain gorillas, giraffes, zebras hippopotamuses, crocodiles.

    Uganda has 50% of the bird species in Africa. pic.twitter.com/c6g7HClbHD

    — Africa Facts Zone (@AfricaFactsZone) April 7, 2021

    “I want the buildings to look like real African sculptures that they make in the villages,” Akon said at the time. The smart city is to help boost the country’s economy and create local jobs.

    “The system back home treats them unfairly in so many different ways that you can never imagine. And they only go through it because they feel that there is no other way,” he told AP. “So if you’re coming from America or Europe or elsewhere in the diaspora and you feel that you want to visit Africa, we want Senegal to be your first stop.”

    Akon asserts that his cities will have cutting-edge technology.

    “We want all the latest in future technologies,” he previously said. “I don’t want nothing from the old days. I want it all to be based on tomorrow’s technology, and how it’s gonna be built for our future because all the latest technology now is all instruments and minerals, and resources taken from Africa. I’m already in Africa, so we can build everything within the African continent without having to outsource anything from the outside.”

    Originally posted 2021-04-07 17:00:00.

    AKoin cryptocurrency
    TheHub.news Staff
    • Website
    • Facebook
    • X (Twitter)

    Celebrating US from one end of the land to the other. We record our acts, our accomplishments, our sufferings, and our temporary defeats throughout the diaspora. We bring content that is both unique and focused on showing the world our best. Unapologetically.

    Related Posts

    ‘Relooted’ Blends African Futurism and Digital Justice to Reclaim Stolen History

    October 7, 2025

    Aurora Police Push for Facial Recognition, Critics Warn of Risks to Civil Rights

    September 30, 2025

    Kehlani and SZA Lead Backlash Against AI Record Deal

    September 23, 2025
    Add A Comment

    Comments are closed.

    Recent Posts
    • This Day in History: October 11th
    • For Many Homeowners of Color, the Eaton Fire Recovery Is Still Out of Reach
    • The Sweet and Sour History of Watermelon
    • This Day in History: October 10th
    • It’s Official: The Great Shelly-Ann Fraser-Pryce Retires from Track and Field

    What Did You Learn in School Today?: How to Take Down Two-strand Twists

    By Kyla Jenée Lacey

    2024 NCAA Wrestling Championships Capped Off a Special Era for Black Wrestlers

    By FirstandPen

    Tua Needs to Look at Players of the Past to Decide His Future

    By FirstandPen

    Steelers Sign Mike Tomlin to 3-Year Contract Extension

    By FirstandPen

    Subscribe to Updates

    A free newsletter delivering stories that matter straight to your inbox.

    About
    About

    Celebrating US from one end of the land to the other. We record our acts, our accomplishments, our sufferings, and our temporary defeats throughout the diaspora. We bring content that is both unique and focused on showing the world our best unapologetically.

    X (Twitter) Instagram YouTube

    This Day in History: October 11th

    By TheHub.news Staff

    For Many Homeowners of Color, the Eaton Fire Recovery Is Still Out of Reach

    By Veronika Lleshi

    The Sweet and Sour History of Watermelon

    By Cuisine Noir

    This Day in History: October 10th

    By TheHub.news Staff

    Subscribe to Updates

    A free newsletter delivering stories that matter straight to your inbox.

    © 2025 TheHub.news A 501(c)(3) tax-exempt organization.

    Type above and press Enter to search. Press Esc to cancel.