Mozambique's former President Joaquim Chissano, who brought peace and democracy to his country, won the first Mo Ibrahim Prize Monday for achievement in African leadership. Chissano wins a cash award of US$5 million -- a prize intended to encourage African leaders to govern well. Former U.N. Secretary-General Kofi Annan announced the award during a ceremony in London."The prize celebrates more than just good governance," Annan said in a statement. "It celebrates leadership."
The prize was established by the Mo Ibrahim Foundation, which was launched last year to boost governance in Africa.
The winner was selected by a committee who assessed every sub-Saharan African leader who has left office in the last three years.
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