Mo Ibrahim Quotes


Celtel established a mobile phone network in Africa at a time when investors told me that there was no market for mobile phones there.


Citations

Ibrahim, Mo. "Investment in Africa." TED Global 2007, TED Conferences, June 2007.

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Mo Ibrahim
Mo Ibrahim
  • Born: May 3, 1946
  • Nationality: Sudanese
  • Profession: Businessman, Engineer

Mohammed "Mo" Ibrahim is a Sudanese-British billionaire businessman. He worked for several 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 Ibrahim Index of African Governance, to evaluate nations' performance. He is also a member of the Africa regional advisory board of London Business School.