Zanzibar to Build Cyber City on 71 Hectares, Developers Say Crypto Will Power It
A currently vacant stretch of coastal land on Zanzibar's western shore has been approved for a 71-hectare development entrepreneurs are calling a "Cyber City." Developers say the community will be digital-first, integrating cryptocurrencies and blockchain-based services for payments, digital infrastructure and governance as part of an effort to draw fintech startups, remote talent and crypto investment to the island.
The proposal could diversify Zanzibar’s economy and create new jobs, but it also raises questions about regulatory oversight, taxation and coastal environmental protection. Observers say success will hinge on clear legal frameworks and responsible planning that balance technology-driven growth with conservation and community needs; regulators and local stakeholders will be watching how the plan moves from concept to construction.