By Jessica Abenakyo Badebye
The chairman of the Mo Ibrahim Foundation has described Africa’s perception on corruption by first world countries as distorted. Mo Ibrahim, a billionaire entrepreneur and head of the establishment that rewards African leaders on good Leadership and governance was making comments on the first newsletter of the Multilateral Investment Fund (MIF) this year.
The issue that focuses on Sustainable Economic Opportunity (SEO) category of the Ibrahim Index of African Governance (IIAG) features corruption and transparency as important aspects of the business environment as well as to the political landscape in Africa.
In reference to the Chatham House conference on Combating Global Corruption which took place on 3rd February 2014, Mr Ibrahim highlighted some key factors that always come into play in the fight against corruption, whether it is focused on Africa, Europe or in a global context.
He reiterated, that Africa has continuously had a bad reputation in the area of corruption, which is only partly justified because the picture is multi-faceted. He cited the 2013 IIAG which displays that between 2000 and 2012, the Accountability sub-category has improved across the continent over the last 13 years.