Twitter Founder Invests Ksh 245M in Kenyan Business, Surprises Nairobi Hotel Staff
American billionaire, and Twitter founder Jack Dorsey, on Thursday, December 8, made a low-key tour to Kenya’s capital, Nairobi.
Dorsey surprised hotel staff at Crazy Grill in Parklands when he popped in for a simple meal before heading out for business engagements.
On noticing him, those in the hotel gave him a warm welcome encouraging him to take photos and interact with him.
On his Twitter account, the billionaire revealed that he wa in Kenya for business endeavours with the country’s tech community.
Twitter Founder Jack Dorsey when he visited iHub Nairobi on Thursday, December 8, 2022.
“I’m visiting Kenya to share knowledge and experiences,” he confirmed.
Dorsey’s company, Block Inc, invested Ksh245 million into a Kenya start-up, Gridless. Gridless is a sustainable bitcoin mining company based in Nairobi founded by Erik Hersman Nairobi.
The tech mogul later visited Kenya’s iHub, where he gave an inspiring speech on how to build start-ups into global companies.
While speaking to tech enthusiasts at iHub in Kilimani, Nairobi, Dorsey noted that Kenya was well-placed to produce some of the best technologies in the world.
He also applauded Kenyan innovators currently working on various technologies, noting that Kenyan products attract the world’s attention.
“The ‘West’ has much to learn from Nairobi and Africa at large,” Dorsey affirmed, further affirming insights on how he built successful tech products such as Twitter and Block Inc.
Twitter, founded in 2016, is currently worth Ksh500 billion ($4.2 billion) according to the latest data by Forbes.
Dorsey stepped down from its management on May 25, 2022, six months before automotive billionaire Elon Musk purchase the company.
Twitter billionaire owner Elon Musk (right) and his verified account.