Net worth: $1.2 billion 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 Mo Ibrahim Index, to evaluate nations' performance

Governance Leadership

The Mo Ibrahim Foundation (MIF) was established in 2006 to highlight the critical importance of governance and leadership in Africa. Defining Leadership as one about making choices, defining prioirties and taking risks and governance about properly documenting and effectively implementing these choice, the Foundation identifies complex challenges around improving quality of life for citizens, matching GDP gains to employment gains and lack of enforcement of law and rights despite economic progress .