Remember, 2000 was the year of the dot-com bust. The telecom industry lost about $2 trillion in market capital at that time. Mo Ibrahim More Quotes by Mo Ibrahim More Quotes From Mo Ibrahim Women in Africa are really the pillar of the society, are the most productive segment of society, actually. Women do kids. Women do cooking. Women doing everything. And yet, their position in society is totally unacceptable. And the way African men treat African women is total unacceptable. Mo Ibrahim cooking men kids I came to the conclusion that unless you are ruled properly, you cannot move forward. Everything else is second. Everything. Mo Ibrahim conclusion moving-forward moving Behind every corrupt politician are 10-20 corrupt businessmen. Mo Ibrahim businessman behinds politician I made money. I wanted to give it back to Africa but I wanted to give it back in a meaningful way. So I really want to do something which deals with the root of the problem of hunger, of disease, of ills we have in our society. Mo Ibrahim roots meaningful giving The problem is that many times people suspend their common sense because they get drowned in business models and Harvard business school teachings. Mo Ibrahim teaching people school The state and its elites must be subject, in theory and in practice, to the same laws that its poorest citizens are. Mo Ibrahim citizens practice law You get over your first love by falling in love with something new. Mo Ibrahim first-love falling-in-love over-you The way forward for Africa is investment. Mo Ibrahim way-forward investment way If a European guy came to Africa and said hey guys, you don't have good - people could tell him to go to hell. You are an imperialist. You are a colonialist. Who are the hell are you to come and tell us what to do? I'm an African. Whatever I say nobody in Africa tell me well, it's not of your business. It is my business. Mo Ibrahim hey guy people People never confess to failure. They should. Mo Ibrahim should people The U.S. has been a great friend all these years, but as soon as Africa found itself starting to move up, the U.S. is really disengaging. Mo Ibrahim great-friend years moving The issue with international institutions is that there is a crisis of legitimacy. Trust in these institutions is a serious problem. Mo Ibrahim issues serious problem The mobile industry changed Africa. Mo Ibrahim mobile industry changed United States has always been very close to Africa and it's very sad now to see that Africa has a lot more friends - a lot more engagements with the Chinese, with the Indians, with the Brazilians as the United States retreats. Actually, Africa is a wonderful place to do business and American business is missing a big opportunity by really overlooking Africa. Mo Ibrahim chinese missing opportunity There is a crisis of leadership and governance in Africa, and we must face it. Mo Ibrahim governance crisis faces Governance is everything. Without governance we have nothing Mo Ibrahim governance Actually it is much more than that because we will leverage this money as well, we are going to look at everything from $1 million to $200 or $300 million investments. Mo Ibrahim company-news We know the good guys. We know the bad guys. We know which countries have rule of law. We know which countries don't have rule of law. Mo Ibrahim company-news Rule of law is the most important element in any civil society. Mo Ibrahim rule-of-law society important law Intimidation, harassment and violence have no place in a democracy. Mo Ibrahim place harassment democracy violence
