Mozambique ex-Leader Wins Prize

Former Mozambique President, Joaquim Chissano has won the first MO Ibrahim prize rewarding a retired African head of state for excellence in leadership. Mr. Chissano, who is credited with bringing peace to Mozambique, has been seen as a front runner for the prize. The prize, announced by former UN head Kofi Annan, is worth $5M over to years, and then $200,000 a year. Mobile phone millionaire Mo Ibrahim is funding the project in the hope it will help improve governments' performance.