Is African governance getting better? The Mo Ibrahim Foundation seems to be having a tough time finding winners for its prize for retiring African presidents. The prize, designed to strengthen incentives for African leaders to relinquish office when their terms end, consists of US$5million over 10 years and US$200,000 annually for life thereafter. After giving the award to Mozambique’s Joaquim Chissano in 2007 and Botswana’s Festus Mogae in 2008, they decided no one deserved it last year.
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