Bravo! Namibian President Wins $5m Compensation Prize For Transforming His Country

Outgoing Namibian President Hifikepunye Pohamba has been announced as the winner of the Mo Ibrahim award for African leadership. Pohamba was announced as the winner of the award at a ceremony held in Nairobi yesterday.

The award ($5m) is usually given out by the foundation of Mohamed "Mo" Ibrahim, a Sudanese-British former mobile communications entrepreneur and billionaire.

According to the Mo Ibrahim Foundation's website: "The Ibrahim Prize recognises and celebrates African leaders who have developed their countries, lifted people out of poverty and paved the way for sustainable and equitable prosperity."