Mohamed Ibrahim–more commonly known as Mo Ibrahim–is a Sudanese-born entrepreneur currently based in the UK. A successful telecommunications businessman, he founded one of Africa’s largest cellular phone companies, Celtel. He came into prominence for establishing the Ibrahim Prize for Achievement in African Leadership in 2017, an award that provides the recipient a $5 million initial payment, plus $200,000 annually for life. The prize was conceived as a way to promote good governance and curb corruption by African leaders seeking financial security when they leave office. The prize is believed to be the world’s largest, surpassing the $1.3 million Nobel Peace Prize.
Source of Influence: Business
Status: Featured in current year