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Tuesday, 23 October 2007

Chisano wins the Mo....

In London yesterday, Kofi Annan announced Joaquim Chissano, the former president of Mozambique, as the first winner of the largest award in the world--the Mo Ibrahim Prize for Achievement in African Leadership. The award consists of $5 million over 10 years and US$200,000 annually for life, as well as up to $200,000 a year for 10 years "towards the winner's public interest activities and good causes". President Chissano was praised for putting his country on a path towards peace and democracy and for a variety of economic reforms. He was also commended for not seeking a third term (in other words respecting the constitution). The prize is funded by the UK based telcom entrepreneur, Mo Ibrahim, who sold his pan-African company CelTel to Kuwait-based MTC for $3.4 billion in 2005.

2 comments:

  1. Congratulations to Mr Chisano for upholding democratic principles...the recognition is a good thing for governance and democractic reform in Africa. Hopefully though a small step I hope it proves a giant step towards eradication of the 'isms'...e.g corruption, etc... Congratulations Mr Chisano.

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  2. Presumably Chiluba was a close competitor?

    ReplyDelete

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