African Fintech revolution

The CEO of twitter and square ,Jack Dorsey’s plan to move to Africa divides Square and Twitter investors

The CEO of Twitter and Square announced plans to move to Africa for up to six months next year. Analysts have doubts about who will run the companies in his absence. While some Square analysts are bullish on the payments opportunity, they want to know who will “mind the store” while Dorsey is abroad. Yale’s Jeff Sonnenfeld said a six-month leave would be “reckless” on the CEO’s part and allowing it would be “irresponsible and negligent” on the part of the board. Jack Dorsey’s stated plan to move to Africa for up......

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