Cape Verde ex-leader Pedro Pires wins Mo Ibrahim prize

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    Page last updated at Monday, October 10, 2011 12:12 PM //

    Pedro Pires – Ex-leader of Cape Verde

    Former Cape Verde President Pedro Verona Pires has been awarded this year’s $5million (£3.2m) Mo Ibrahim prize for good governance in Africa.

    The prize committee said Mr Pires, who stepped down in August, had helped make the archipelago off the West African coast a “model of democracy, stability and increased prosperity”.

    The prize is supposed to be awarded each year to a democratically elected leader who has voluntarily left office.

    There has been no winner for two years.

    The committee said there had been no suitable candidate.

    The $5m award, given over 10 years, is the world’s most valuable individual prize.

    The previous winners are Botswana’s President Festus Mogae and Mozambique’s Joaquim Chissano.

    Source: BBC

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