The Nation (Nairobi)
NEWS
6 June 2007
Posted to the web 6 June 2007
By Churchill Otieno
Kabul
Celtel founder Dr Mo Ibrahim has isolated lack of an enabling environment for business as the single-most important challenge to growth in many African countries.
Addressing a conference on enabling environment in Kabul, Afghanistan, Dr Ibrahim said many developing countries still had lots of barriers that kept away potential investors.
In a video address, Dr Ibrahim recounted his experience establishing the Celtel mobile telephone company in Africa as part to help delegates at the conference understand challenges faced by private investors.
The Kabul conference has been organised by the Aga Khan Development Network (AKDN) and the Afghan Government to help spur development following 30 years of war.
Highlights of its opening on Monday included a keynote address by the Aga Khan, the 49th hereditary Imam (spiritual leader) of the Shia Ismaili Muslims. The Aga Khan called for a “great alliance” between governments, civil society and business to help improve lives in the developing world.