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/ 30 March 2008

Botswana CEO Mogae to exit the boardroom

Festus Mogae is to stand down as Botswana’s president on Tuesday after a decade in which his country cemented its status as one of Africa’s success stories despite fears it could be wiped out by HIV/Aids. Mogae, who hands over the reins of power to his long-time heir apparent Ian Khama, styled himself as the ”chief executive” of a nation of about two million.