Interview with Mo Ibrahim, interviewed by Tarun Khanna, London, United Kingdom
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Publication
2017 - Harvard Business School, Boston, MA, Massachusetts
Language
English
Word Count
13,750 words, Guess
Page Count
55 pages
Identifiers
- Open LibraryOL60456781M
- OCLC Control Number1096186676
Description
In this interview, Mo Ibrahim narrates the two facets of his professional career, first, in the telecommunications industry with the launch of Celtel, and later as a corporate philanthropist with the founding of the Mo Ibrahim Foundation. Ibrahim began his career working as a senior researcher at the University of Birmingham studying radio coverage patterns in urban and rural areas, until he was recruited by British Telecom (BT) to help design the first cellular networks in the UK. He describes this experience as both highly rewarding--being involved as a central figure in the development of a global standard for a new digital technology--and also very frustrating, due to the bureaucratic lethargy of the company and the management's seeming lack of industry in the mobile space. Ibrahim explains how these concerns ultimately motivated his decision to leave the company and become an entrepreneur. He founded a small company called MSI, Mobile System International, in 1988--a consulting and software company that soon grew into a global undertaking with 110 operators worldwide. Doing business in everywhere from Norway, France, and Denmark to Moscow, Singapore, and Shanghai impressed upon Ibrahim a glaring absence--there was virtually no telecom business in Africa despite the huge demand for service. In 1998, Ibrahim decided to pursue this gap and launched Celtel to explore the possibility and feasibility of establishing mobile communications networks in Africa. At the time, he recalls, people called him crazy for taking on such a monumental task. But, Ibrahim explains, "being African... I felt I needed to do something for my people--I felt I had a debt to pay back." This side-project eventually grew into a pan-African company that operated in 13 sub-Saharan African countries. In the interview, Ibrahim describes how, early on, the board of Celtel developed a unique strategy for dealing with the issue of systemic corruption--one that would protect lower level managers and employees on the ground without stonewalling operations. He also shares a candid assessment of the causes of corruption and the role that business leaders often play in instigating and perpetuating the problem. By the early 2000s, just six years after launching the company, 99 percent of Celtel's 5,000 employees were native Africans. In 2004, Ibrahim decided to sell Celtel. In the interview, he elaborates on the circumstances surrounding and factors motivating this difficult decision. Although he looks back at that period with some sadness--"I always feel that we sold a bit early"--he also highlights the huge positive impact that the company had, and continues to have, in the region. In 2006, Ibrahim went on to found the Mo Ibrahim Foundation, as well as a number of other investment funds designed to support entrepreneurship and promote other social causes. The Foundation is most famous, however, for its governance index that measures, through 90 indicators in over 14 sub-categories, overall governance performance. In the interview, Ibrahim discusses his motivations for launching this index, as well as some of the ways he has already seen it begin to change the nature of conversation surrounding African governance. Another major undertaking of the Foundation is the Ibrahim Leadership Prize, which is awarded to African leaders who have strengthened democracy in their countries during their tenure in office.
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