Ibrahim Prize
| The Ibrahim Prize | |
|---|---|
 |
|
| Awarded for | excellence in African leadership |
| Sponsored by | Mo Ibrahim Foundation |
| Presented by | an independent Prize Committee |
| Reward(s) | $5 million |
| First awarded | 2007 |
| Last awarded | 2014 |
| Official website | moibrahimfoundation |
The Ibrahim Prize for Achievement in African Leadership is annual prize awarded to a former African executive Head of State or Government.
Established by the Mo Ibrahim Foundation in 2007, the Ibrahim Prize celebrates excellence in African leadership. It is awarded to a former Executive Head of State or Government by an independent Prize Committee composed of eminent figures, including two Nobel Laureates.
The Ibrahim Prize
Criteria
With a US$5 million initial payment, plus $200,000 a year for life, the prize is believed to be the world's largest, exceeding the $1.3m Nobel Peace Prize. Former South African President Nelson Mandela, former United States President Bill Clinton, and former United Nations Secretary-General Kofi Annan are among those who have welcomed the initiative.
The Ibrahim Prize for Achievement in African Leadership was awarded in 2007, 2008 and 2011. Former South African president Nelson Mandela was an honorary laureate.
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