![\"\"](\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2011\/10\/Pedro-Pires-Ex-leader-of-Cape-Verde.jpg\" "\\"Pedro")
<\/a><\/p>\nPedro Pires – Ex-leader of Cape Verde<\/p>\n<\/div>\n
Former Cape Verde President Pedro Verona Pires has been awarded this year\u2019s $5million (\u00a33.2m) Mo Ibrahim prize for good governance in Africa.<\/p>\n
The prize committee said Mr Pires, who stepped down in August, had helped make the archipelago off the West African coast a \u201cmodel of democracy, stability and increased prosperity\u201d.<\/p>\n
The prize is supposed to be awarded each year to a democratically elected leader who has voluntarily left office.<\/p>\n
There has been no winner for two years.<\/p>\n
The committee said there had been no suitable candidate.<\/p>\n
The $5m award, given over 10 years, is the world\u2019s most valuable individual prize.<\/p>\n
The previous winners are Botswana\u2019s President Festus Mogae and Mozambique\u2019s Joaquim Chissano.<\/p>\n
Source: BBC<\/p>\n
Comments<\/h4><\/p>\n","protected":false},"excerpt":{"rendered":"
You Are Here: Home \u00bb Africa\/International \u00bb Cape Verde ex-leader Pedro Pires wins Mo Ibrahim prize 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\u2019s $5million (\u00a33.2m) 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 \u201cmodel of democracy, stability and increased prosperity\u201d. The prize is supposed to be awarded each year to a democratically elected leader who has voluntarily left office<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-488772","post","type-post","status-publish","format-standard"],"yoast_head":"\n
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The prize committee said Mr Pires, who stepped down in August, had helped make the archipelago off the West African coast a \u201cmodel of democracy, stability and increased prosperity\u201d. 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