Sudanese-born/London-based billionaire Mo Ibrahim has emerged as one of Africa’s rare entrepreneurial shining lights. After making a fortune in telecoms, he decided to put his pounds where his mouth is and applaud African leaders for good governance. His Mo Ibrahim Prize for Achievement in African Leadership awards (or is it rewards) top-tier African politicians with literally millions of dollars for ruling their nations with transparency and integrity. Supporters say Ibrahim is shining welcome light on the continent’s rare respectable rulers. Critics ponder whether using cash to combat corruption is merely foolish — if not downright dangerous.
The following feature from the London Observer delivers all of the necessary details.