"Navi Radjou, Executive Director of the Centre for Indian and Global Business at the University of Cambridge... is credited with creating the term 'indovation,' which is an innovation developed in India. What makes indovation unique, however, is not just its geographic identity, but that scale and scope are inherent components of the concept. The point is to create more at less cost for more people. A fine example of indovation is the Tata Nano, a low-cost car built by the Indian company Tata Motors. It is currently the cheapest car in the world with a sticker price of US $2000.

South Africa launches a new institute to promote African leadership and highlight work done by great African thinkers and personalities.

The Mo Ibrahim Foundation started the Ibrahim Index in 2007 to measure African governance. The index was designed to monitor African governance according to the african perspective, foster greater dialogue within african civil society, and a homegrown monitoring system for governments, citizens, and different organizations to track progress. Using 88 indicators The Ibrahim Index is the most robust indicator of African governance.