Deals Investments: Africa and Dorsey

deals investments: Twitter TWTR, 0.30% CEO Jack Dorsey tweeted about his plans to move to Africa in 2020, saying he wants to live there for up to six months, according to Market Watch. Africa may be the last continent to undergo rapid economic development, but Dorsey nevertheless believes it has a lot of potential. Now get ready for Africa. Africa is an untapped market for digital-payment systems, and there is a pronounced first-mover advantage for Dorsey and especially for Square SQ, -1.61%, his mobile-payment company, as he scours the continent for lucrative deals and investments. In the tweet, he also said Africa would define bitcoin's BTCUSD, -0.85% future. This is precisely what he did during his last African tour, which started Nov. 8 and took him to Ghana, Ethiopia, Nigeria and South Africa. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.