For second year running, organizers decide not to award $5 million African leadership prize
By APSunday, June 13, 2010
No winner for $5 million African leadership prize
LONDON — For the second year in a row, organizers of a $5 million annual prize for good governance in Africa say they have decided not to give out the award.
The winner of the Ibrahim Prize for African Leadership was to be announced Monday.
But the Mo Ibrahim Foundation, based in London, said Sunday the prize committee, led by former U.N. chief Kofi Annan, had not selected a winner.
The foundation said “there had been no new candidates or new developments” since last year, when the panel declined to award the prize.
It is open only to democratically elected heads of state who have left office in the past three years.
Created in 2007 by Sudan-born billionaire Mo Ibrahim, the prize awards $5 million over 10 years and $200,000 annually for life thereafter.
