Billionaire Mo Ibrahim attacks ‘hypocrisy’ over Africa’s gas

‘It just seems obscene to me that Europe is running around to find some gas now,’ said Ibrahim. ‘Why can’t we have the same option?’ Photograph: Ben Curtis/AP

One of Africa’s richest entrepreneurs, the telecoms billionaire Mo Ibrahim, has criticised developed countries for seeking to dissuade African nations from exploiting their vast reserves of gas.

Ibrahim told the Guardian in an interview: “We need a balanced and a fair policy for everybody. Gas can be useful to our transition … [Those who say otherwise] are hypocrites.”