Mo Ibrahim talks to CMR
The media has a powerful role to play as an instrument for economic growth in Africa, the continent dubbed as “the last frontier”, as foreign investors from the United States, China and Europe, rush to cash in on investment opportunities there, Sudanese-British Telecommunications billionaire Mo Ibrahim says.
“The media has an important and key role to play in Africa as an instrument for economic growth and prosperity,” said Ibrahim, who sold his Celtel mobile phone company in 2005 for $3.4 billion and later set up the Mo Ibrahim Foundation to encourage better governance in Africa.
“The media must be firm, tell it as it is. Report accurately and truthfully. The media is important for the continent’s economic growth and drive,” he said.
Ibrahim was speaking on the sidelines of the US-Africa Leaders Summit and Business Forum hosted by US President Barack Obama, which has brought together nearly 50 African heads of state, African and American business leaders and US government officials to the US capital Washington.