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African Leaders’ Eyes on the Prize

CAMBRIDGE – On October 14, the Mo Ibrahim Prize Committee announced that for the second year in a row it had not found anyone to whom to award its Prize for Achievement in African Leadership. Why is that important?

The prize is given to a recently retired African head of state or government who was democratically elected, stepped down at the end of his or her constitutionally mandated term, and demonstrated exceptional leadership. The winner receives $5 million paid over ten years, followed by $200,000 annually for life, making it the world’s most valuable annual award.