Twitter CEO Jack Dorsey Says He’s Moving To Africa Next Year

Twitter's Leader Govt Officer, Jack Dorsey, has introduced this week that he has deliberate to transport to Africa for as much as six months within the subsequent 12 months. Dorsey said in a message on the social media platform that he didn't know where he would be living, but he planned to spend up to half of next year in Africa. Dorsey released this tweet after his tour to Africa; turns out, he liked what he saw. "Africa will outline the longer term needless to say (particularly the bitcoin one!)".

"Not sure where yet, but I will be living here for 3-6 months definitely mid-2020. Grateful I was able to experience a small part".

Over the past few weeks, Dorsey, who famously called Bitcoin the "best bet to be the Internet's currency" earlier this year and gave a shout out to the cryptocurrency in an official Square earnings call, has been traveling across Africa seemingly in search of innovation.

"I don't think he will pick a specific country". Now, Bitcoin (BTC) is flooding out of the country and into other African nations because of the ambition of the Nigerian Bitcoin community and Paxful. He said he would be meeting with entrepreneurs in Ethiopia, Ghana, Nigeria, and South Africa.

In Nigeria, Dorsey met with young entrepreneurs and artists, as well as board member of Twitter Ngozi Okonjo-Iweala, an economist and former World Bank managing director.

Dorsey believes that the exotic continent is at a crucial juncture where economic crisis, poverty burdens as well as area development are causing people to increasingly turn to cryptocurrencies, especially Bitcoin, and lay trust in blockchain technology to get rid of government corruption. This opinion comes after the celebrated entrepreneur ended his African tour of Nigeria and Ghana and expressed his desire to be back in the continent by mid of next year.

On the final leg of his tour, in Ethiopia, Dorsey listened to pitches from startups.

Africa's tech business is at the moment enduring fast enlargement.

GSMA, a mobile services industry group, reported that there were 618 "active tech hubs" on the continent this year, up 40% from 2018.