Wednesday, October 21, 2009

No Winner for the 2009 Africa Prize

A foundation that gives a $5 million prize for good governance in Africa says it will not honor anyone this year. The Mo Ibrahim Foundation said in a statement Monday that its prize committee considered some "credible candidates," but ultimately could not select a winner.
Billionaire Sudanese businessman Mo Ibrahim says that the decision should not be seen as a sign of disrespect for those African leaders considered for this year's prize, including former South African President Thabo Mbeki and former Nigerian President Olusegun Obasanjo.

"We have full respect to the people you mentioned. Some of those people are personal friends. There is no issue of disrespect here."
Committee members did not give a reason for their decision, citing the confidentiality of their discussions. Ibrahim founded the world's largest individual award as a way to encourage good governance on a continent often plagued by bad governance and corruption.
"This year, the prize committee has considered some credible candidates. However, after in-depth review, the prize committee could not select a winner.

Ibrahim said he made clear when he set up the prize two years ago that there may be years when there would be no winner.

The prize is awarded to a democratically elected former leader of a sub-Saharan African country who served his constitutional term and left office in the past three years.

This year, the Ibrahim committee considered 11 African leaders who had left office between 2006 and 2008. Last year, the prize went to former Botswana President Festus Mogae, who was honoured for steering his country along a stable, prosperous path and for leading the fight against AIDS.

Former Mozambique President Joaquim Chissano won in 2007 for leading his country to peace and democracy after years of civil war.

Former U.N. Secretary-General Kofi Annan, a Ghanaian, chairs the prize committee.
The winner receives $5 million over 10 years and then $200,000 a year for life, with another possible $200,000 a year for 10 years for "good causes" that he supports.

Malawi Government Crackdown on Fake Foreign Currency

The government of Malawi is trying to crack down on money launderers, criminals who are causing an acute shortage of foreign currency vital for trade. VOA's Paul Ndiho has more

Monday, October 12, 2009

Tour of Limassol Cyprus

Cyprus' second-largest city Limassol appeals to a wide range of tourists, from those interested in sun and sand vacations to those who prefer to delve into the island's culture at its museums and sites of archaeological interest. And if you are in pursuit of historical places then Kourion Theater and Kolossi Castle will undoubtedly satisfy your quest. VOAs Paul Ndiho recently toured the historical sites courtesy of the Commonwealth secretariat and has more.

Monday, October 5, 2009

FINANCE MINISTERS SHARE EXPERIENCES OF DEALING WITH GLOBAL ECONOMIC CRISIS IN CYPRUS

African Commonwealth finance ministers met on the island of Cyprus this last week to seek ways to offset economic problems resulting from the global financial crisis. Commodity prices are down for mining-based economies on the continent, following positive growth in recent years. VOA's Paul Ndiho reports from finance ministers’ meeting in Limassol, Cyprus: