Namibia’s outgoing President-Hifikepunye Pohamba has won the world’s most valuable individual award, the Mo Ibrahim prize for African leadership—and he will receive $5 million for this.
The Mo Ibrahim prized was launched in 2007 by British-Sudanese mobile communications entrepreneur and philanthropist-Mo Ibrahim, who made billions from investing in Africa to encourage African leaders to leave power peacefully.
The cash award is given each year to an elected leader who governed well, raised living standards and then left office in peace but for about 4 years, the award went unclaimed as a suitable African leader could not be found.