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
There's no point in trying to hoard money after life, so better really to share with people.
Make as much money as you can, but can you please pay your taxes, because this is a major problem.
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.
After the sale of Celtel, I really wanted to give the money back, and I had a number of choices - to go and buy masses of blankets and baby milk or to go into Darfur or Congo. That would have been very nice actually, but it's just like an aspirin: it doesn't deal with the problem.
Retail banking in Africa is very weak. You can't go to a village and get money from an ATM or visit a branch of the bank. So people have to use the Internet.
Most of the money I made has gone back to Africa or is going back to Africa.
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.
In a world of growing food demand, Africa is home to two-thirds of the world's unexploited arable land.
The African Development Bank is one of the most aggressive advocates of regional integration.
I left Sudan when I was 25 or 26 years old. If I had stayed, I would never have ended up being an entrepreneur. You can have the qualities, but if you don't have the environment, you just wither away. It's like a fish: take it out of water, it will not survive.
I never had a doubt that I wanted to do engineering.
I never set out really to build a financial empire or to be a wealthy man.
I'm uncomfortable, frankly, with the hype about Africa. We went from one extreme... to, like, Africa now is the best thing after sliced bread.
I need to be free, to speak the unspeakable. You can't do that in office.