The emirate came second for 'working abroad' and ranked fifth place for 'ease of settling in'
uae1 hour ago
Acclaimed singer Akon has set the ball rolling on a futuristic city in Senegal.
Hi-tech 'Akon City' will use cryptocurrency and be a place without borders, he said in Abu Dhabi.
Senegal, Akon said, is at the "perfect place" as its six hours from Dubai, London, Morocco and the US.
"Akon City is going to be a pilot of what a city in Africa can be. It's a very futuristic city. It's crypto-based. All the latest technologies that exist today will be implemented within the city. It will be built entirely by young generation, minds with futuristic thoughts and no borders. Really what a futuristic city can become in Africa," Akon said during the Abu Dhabi Sustainability Week.
The city will use cryptocurrency Akoin, which Akon said, was an idea he drew from unique mode of trade in some villages in Africa.
"Akoin is more of a futuristic play. I am realising how much control Africans need to have on their own finances. Beautiful thing about Africa is that not only we create our own jobs but also our own trading mechanism. Certain villages in Africa use cellphone minutes as currencies to buy bread or fruit," he said and added cryptocurrency is secure one in graft-ridden Africa.
Meanwhile, Akon, the co-founder and chairman, Akon Lighting Africa and Akon Lightening America, stressed urgent need for steps for all corners to save the world.
"Areas where it used to be hot all year round are now snowing, and where it used to be snowing, the ice is melting. There are lot more natural disasters. It's like earth is talking to us and we are literally, clearly ignoring it. Our arrogance has to be put aside. We have to focus on climate if we don't we will be walking towards very disastrous future."
- ashwani@khaleejtimes.com
The emirate came second for 'working abroad' and ranked fifth place for 'ease of settling in'
uae1 hour ago
'The government is taking action to protect our duly elected president,' said Justice Undersecretary Jesse Andres
asia1 hour ago
Five-time champions Mumbai bought the uncapped 21-year-old batter for Rs3 million ($35,595) at the auction in Saudi Arabia
cricket2 hours ago
Of 10 listed companies that have lost about $33 billion in market value since the indictment, Adani Green has been the hardest hit — losing about $9.7 billion
markets2 hours ago
The lawsuit alleged that the company's female employees in California earned $150 million less than their male counterparts over an eight-year period
americas2 hours ago
Singer on his journey filled with love for creating music, controversies and personal growth
entertainment2 hours ago
Tesla CEO Elon Musk, a close Trump adviser, sharply criticised the idea of barring the automaker from EV subsidies
americas2 hours ago
The last time a Filipino head of state came to the country was in December 2008 during the time of Gloria Macapagal-Arroyo
uae2 hours ago