MO IBRAHIM PRIZE
Ex Mozambique leader wins prize.
Former Mozambique President Joaquim Chissano has won the first Mo Ibrahim prize rewarding a retired African head of state for excellence in leadership.
Mr Chissano, who is credited with bringing peace to Mozambique, was a frontrunner for the prize.
The prize, announced by former UN head Kofi Annan, is worth $5m (£2.5m) over 10 years, and then $200,000 a year.
Mobile phone millionaire Mo Ibrahim is funding the project in the hope it will help improve governments' performance.
BBC NEWS REPORT.
Labels: Mo-Ibrahim Prize Mocambique Leader Peace Joaquim-Chissano Leadership Project UN Kofi-Annan
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