$5M African Leadership Prize Goes to Nobody ... Again
Ibrahim prize has been awarded only 3 times since 2007
By Rob Quinn, Newser Staff
Posted Oct 15, 2013 2:32 AM CDT
Mo Ibrahim speaks at a press conference in London.   (AP Photo/Kirsty Wigglesworth)

(Newser) – A Sudanese tycoon who created a $5 million prize to promote good governance in Africa is having a tough time giving his money away. For the second year in a row, the Mo Ibrahim Foundation has decided none of the continent's leaders or governments are worthy of the prize, which has been awarded just three times since its inception in 2007, reports the Los Angeles Times. To win the prize—which pays out $5 million over 10 years followed by an annual $200,000 for life—leaders must have been democratically elected, have left office over the previous three years, and have displayed exceptional leadership.

Ibrahim, who is not a member of the committee that awards the prize, says he has no intention of changing the criteria despite the lack of winners. "It is up to the prize committee to decide whether people meet the standard," the billionaire tells Al Jazeera. "We set a very high standard, of course. And we are proud of our prize committee for being credible and tough." His foundation has also released a report on governance in Africa since 2000 that finds most people in the continent's 52 countries are better governed now than they were 13 years ago, but the gap between the best-governed and the worst is getting bigger.

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Oct 15, 2013 9:17 AM CDT
@ CasperImproved. I'm afraid it's you who is a jerk and a waste of DNA. Mandela, as head of the ANC, was personally responsible for the slaughter of thousands of Zulu Inkatha supporters on the run up to the 1994 elections. Despite the MSM painting him to be a saint, in reality, he is nothing but a dirty terrorist.
Oct 15, 2013 7:24 AM CDT
Oh, well, at least the man has standards.
Oct 15, 2013 7:01 AM CDT
A tycoon? In Sudan?? Bwaaahaaahaaahaaaa! That is too funny. That money would be better used in awarding scholarships for Sudanese students and for programs to help the poor of that country.