The Mo Ibrahim Foundation is famous for handing out $5 million each year as a prize for African good governance. This year it is keeping its money and prize for lack of anyone who could claim both democratic election and good government on the continent of Africa.
The Mo Ibrahim Prize for achievement in African leadership is awarded to a democratically elected former African head of state or government who has left office in the past three years. It is funded by Mo Ibrahim, a Sudan-born billionaire.
Past recipients are Joaquim Chissano, former Mozambican president, and Festus Gontebanye Mogae, Botswana’s former president.
Nelson Mandela, the former South African president and anti-apartheid icon, is an honorary laureate.
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