Twitter and Square CEO Jack Dorsey has his sights set on Africa. The tech big name announced his plans to move to Africa in 2020 via Twitter.
Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months mid 2020. Grateful I was able to experience a small part. 🌍 pic.twitter.com/9VqgbhCXWd
— jack (@jack) November 27, 2019
“Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!),” Dorsey tweeted. “Not sure where yet, but I’ll be living here for 3-6 months mid 2020.”
Dorsey had been visiting Ethiopia for a business meeting with entrepreneurs and cryptocurrency professionals. His trip to Ethiopia was not Dorsey’s first trip to Africa. According to his Twitter account, Dorsey has been touring the continent making stops in Nigeria, Ghana, and South Africa, before heading to Ethiopia for bitcoin and blockchain talks.
Based on Dorsey’s Twitter account, it seems that his move will be more focused on the business around cryptocurrency. It is unclear whether the work will be more tailored to Twitter or Square.
Dorsey is not the first CEO to shift gears toward Africa, and his visit highlights a bigger trend in top tech companies looking to explore blockchain business in various countries within the continent.