The Mo Ibrahim foundation gives away $5 million dollars annually to ex African leaders who practiced good governance. This year they couldn’t find a winner.
The foundation’s notion of “good governance” hinges on what they call the ‘Ibrahim Index of African Governance‘–a rating system that measures a range of issues from poverty to corruption.
The findings are meant to be a measuring stick of African progress . It’s the equivalent of the Fortune 500–it’s just on a political scale, with foggier data and dictators.
