Festus Mogae was an economist and politician who served as president of Botswana (1998β2008). He succeeded Quett Masire and served until he relinquished the presidency to Ian Khama.
Mogae entered the Development Planning (later the Finance and Development Planning) Ministry of newly independent Botswana in 1968, and became a key figure in the countryβs remarkable rise to economic prosperity. Mogae left the country to work for the International Monetary Fund (1976β80) in Washington, D.C. After returning to Botswana, he held several positions before ascending to the presidency, including governor of the central bank of Botswana (1980β81), permanent secretary to President Masire (1982β89), minister of finance and development planning (1989β98), and vice president (1992β98).
During his time as president, he gained international recognition for acknowledging the HIV/AIDS epidemic and inviting international assistance to address it. In 2008, he was awarded the Ibrahim Prize for Achievement in African Leadership.