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LONDON — The Ibrahim Prize for Achievement in African Leadership — the world’s biggest individual prize — has no winner for the fourth time in five years, it was announced yesterday. At a press conference in London, the Mo Ibrahim Foundation said there would be no winner for the second straight year, stressing they would not lower the bar of excellence required to win the lucrative prize.
“After careful consideration, the prize committee has determined not to award the 2013 prize,” said committee chair Salim Ahmed Salim, the former Tanzanian prime minister and one-time head of the Organisation of African Unity, which became the African Union.
The award, set up by Sudan-born telecoms tycoon Mo Ibrahim in 2007, carries a US$5 million prize paid over 10 years and US$200 000 annually for life from then on, with a further US$200 000 per year available for 10 years for good causes backed by the winner.
The award goes to a democratically elected African leader who demonstrated exceptional leadership, served their mandated term and left office in the last 3 years. — AFP.
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