Senegalese authorities have issued a final notice to singer Akon regarding his $6 billion Akon City project, threatening to reclaim 90% of the allocated land if significant progress is not made soon, according to Bloomberg. A Wakanda-Inspired Metropolis In 2020, the Senegalese government granted Akon 136 acres of land on the Atlantic Coast to build Akon City, a $6 billion project intended to be a high-tech, eco-friendly metropolis. Inspired by the fictional country of Wakanda from Marvel’s Black Panther, Akon City was envisioned to feature condominiums, amusement parks, a seaside
PAPS, a Senegal-based logistics, and delivery company fills this gap in its region by offering customers various logistics services. First launched by Bamba Lo in 2016 to provide end-to-end logistics solutions for businesses with offline and online operations – the company has gone from strength to strength in the last few years. On Wednesday – it announced a $4.5 million pre-Series A round to expand its tech-enabled logistics solution across the Francophone region. The round was co-led by pan-African venture capital firm 4DX Ventures and regional telecom operator Orange. Also participating in
