Thursday, 5 September 2013

Holdout leaders stymie Africa's rise - The National

Holdout leaders stymie Africa's rise - The National

For generations of foreign investors accustomed to the likes of Uganda's Idi Amin and the former Zaire's Mobutu Sese Seko, it took a while to shake off the stereotype of African leaders as psychotic kleptocrats hellbent on retaining power.
And not without justification. From 1960 to 2010, during 653 elections on the continent, the incumbent conceded defeat just 16 per cent of the time, according to an African Development Bank study....

The average age of leaders on the African continent is around 60 years old, yet half of the population is under the age of 19.   "What's wrong with us?" Sudanese-born billionaire Mo Ibrahim recently asked, wondering whether Barack Obama could have become president of Kenya aged 47.
Probably not, concluded Mr Ibrahim, who in 2006 created a foundation that awards prizes for achievement in African leadership and monitors good governance on the continent....

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