Sudanese-British billionaire welcomes Mugabe’s resignation

Robert Mugabe’s overdue departure now gives the people of Zimbabwe the chance to determine their futures, say African billionaire  Mo Ibrahim.

“We hope that this decision will allow for a smooth and peaceful transition of power, and that all Zimbabweans will get their chance of an authentic, fair and legitimate election process,”  he said in a statement released on behalf of his foundation.

Shortly before  Mugabe’s resignation on Tuesday , the foundation launched the  2017 Ibrahim Index of African Governance. The index indicates that sustainable economic opportunity has lost pace over the past five years in African countries.

The  i ndex measures overall governance, and Zimbabwe still ranks 40th out of 54 countries in 2016. “Zimbabwe had a mixed picture in terms of governance,”  read the statement Mauritius scored the top spot on the index and was named the best governed country in Africa.

The Mo Ibrahim Foundation (MIF) is an African foundation, established in 2006, focusing on the critical importance of governance and leadership in Africa.

– BUSINESS REPORT ONLINE

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