Last year the Prize Committee announced that it had considered some credible candidates, but after in depth review could not select a winner. This year the Prize Committee told the Board that there had been no new candidates or new developments and that therefore no selection of a winner had been made.
The Ibrahim Prize recognises and celebrates excellence in African leadership. The prize is awarded to a democratically elected former African Executive Head of State or Government who has served their term in office within the limits set by the country’s constitution and has left office in the last three years. The prize consists of US$5million over 10 years and US$200,000 annually for life thereafter.
The first winner of the Prize was Joaquim Chissano, former President of Mozambique in 2007, followed by Festus Mogae, former President of Botswana in 2008. In addition Nelson Mandela was made an Honorary Laureate in 2007. Responding to the Prize Committees decision, Mo Ibrahim, the founder and Chairman of the Mo Ibrahim Foundation, said: The Board respects the decision of the Prize Committee not to select a winner for the 2010 prize. The Prize Committee, which is independent from the Board, is a unique repository of experience and expertise. Whether there is a winner or not, the purpose of the Foundation is to challenge those in Africa and across the world to debate what constitutes excellence in leadership.
The Foundation is anything but complacent about the standards of governance in Africa. Its mission is to improve governance and nurture leadership in Africa. It is clear that much more needs to be done. It is for that reason that the Foundation has decided to promote complementary initiatives. The Foundation will shortly be launching the Ibrahim Leadership Fellowships, a selective programme designed to identify and prepare the next generation of outstanding African leaders by providing them with mentoring opportunities in key multilateral institutions.Post published in: News