R&B star Akon enters Congo mining sector in JV with state company

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

Ireland News News

A company led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in the Democratic Republic of Congo in a joint venture with a state miner, according to a contract published by the mines ministry.

The Grammy-nominated singer, known for hit songs like"Don't Matter" and"Smack That," has launched a number of business and philanthropic ventures across Africa in recent years, including a $6 billion futuristic city in Senegal and a cryptocurrency called Akoin.

One of the contracts, dated Dec. 14 and signed by Akon, whose legal name is Aliaune Thiam, commits White Waterfall to paying a $2 million signing bonus and financing a feasibility study of the Kimono reserve in Haut Katanga province.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Akon u r the man i wish all African Americans could do this

Is he now done with that big lie and a scam that Americans believe, how he apparently helped Africans with electricity? (solar)

And therein lies his way to becoming a billionaire in under 10 years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines