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Former Mozambique President Joaquim Chissano Wins the $5 Million-Plus Mo Ibrahim Prize Partly for NOT Seeking a Third Term

In London today, Kofi Annan announced Joaquim Chissano, the former president of Mozambique, as the first winner of the largest award in the world--the Mo Ibrahim Prize for Achievement in African Leadership. The award consists of $5 million over 10 years and US$200,000 annually for life, as well as up to $200,000 a year for 10 years "towards the winner's public interest activities and good causes". President Chissano was praised for putting his country on a path towards peace and democracy and for a variety of economic reforms.

2007 Commitment to Development Index Announced

Hello from London, where, at a Parliamentary building across the street from Big Ben, CGD today released the 2007 edition of the Commitment to Development Index. The event was organized by the U.K. Department for International Development, the All Parliamentary Group on Overseas Development, and the Overseas Development Institute. Each year the CDI ranks 21 rich countries on how much their policies help or hurt developing countries.

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