Dr. Mo Ibrahim, the African billionaire who founded Celtel -- the cellular company that has connected the continent -- has launched a 5 million dollar prize to be given to the most-effective African head of state. The hope is that cash incentives for good governance might serve as a counter-balance and change the ways of those presidents that are instead ilegally making millions from oil, diamonds, illegal contracts and corruption. This approach got us private space travel, so here is to hoping.

posted by Xeni Jardin at 10:01:48 PM permalink | Other blogs' comments