Mo Ibrahim
Mo Ibrahim
Dr Mohamed "Mo" Ibrahimis a Sudanese-British mobile communications entrepreneur and billionaire. He worked for several other telecommunications companies before founding Celtel, which when sold had over 24 million mobile phone subscribers in 14 African countries. After selling Celtel in 2005 for $3.4 billion, he set up the Mo Ibrahim Foundation to encourage better governance in Africa, as well as creating the Mo Ibrahim Index, to evaluate nations' performance. He is also a member of the Africa Regional Advisory Board of...
NationalitySudanese
ProfessionBusinessman
CountrySudan
Most of the money I made has gone back to Africa or is going back to Africa.
Nobody in Africa loves to be a beggar or a recipient of aid. Everywhere I go in Africa, people say, 'When are we going to stand up on our feet?'
I don't subscribe to the narrative that Africa is backward because of colonialism.
Mobile phones could not work in Africa without prepaid because it's a cash society.
Nobody can come and develop Africa on behalf of Africans.
Educational opportunities have supported the rise of the African middle class, the professional cadre of young people who are now willing and able to contribute to Africa's future prosperity.
Far from being hopeless, Africa is full of hope and potential, maybe more so than any other continent. The challenge is to ensure that its potential is utilised.
Almost every country in Africa has now instituted multi-party democracy.
Compared to developed countries, or even to some major emerging countries, burdened by aging populations, financial crises, widening budget deficits, faltering faith in politics and growing social demands, Africa has become the world's last 'New Frontier:' a kind of 'it-continent.'
What we need in Africa is balanced development. Economic success cannot be a replacement for human rights or participation or democracy... it doesn't work.
Increasing extremism - across Africa and the world - must be understood in the context of the failure of our leaders properly to manage diversity within their borders.
The Nobel Prize is worth $1.5 million, but that's not the issue. Do the distinguished scientists who win the Nobel Prize need the money? Probably not. The honor is more important the money, and that's the case with the prize for African leadership as well.
All we hear about Africa in the West is Darfur, Zimbabwe, Congo, Somalia, as if that is all there is.
Remember, 2000 was the year of the dot-com bust. The telecom industry lost about $2 trillion in market capital at that time.