Former Botswana president Festus Mogae has won the Mo Ibrahim Prize for Achievement in African Leadership.
Mogae, who led Botswana from 1998-2008, is the second recipient of the high-profile prize that rewards exemplary leadership by recent heads of government. He will receive US$5 million over the next 10 years, and US$200 000 annually for the rest of his life.
In addition, the Mo Ibrahim Foundation will pay up to US$200 000 a year towards activities identified by Mogae.
The prize, which was created by Mo Ibrahim, a Sudanese-born billionaire who founded the African telecommunications company Celtel International, exceeds the Nobel Peace Prize in value.
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