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The Standard e-Paper
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The Standard Group Plc is a
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Sudanese-born billionaire Mo Ibrahim's award for good governance in Africa is indeed a novel and noble idea. Its aim is to encourage high quality leadership in sub-Saharan Africa and is awarded to a former African leader who has demonstrated excellence in office. Former President of Cape Verde, Mr Pedro Pires, is this year’s winner.
For this, he’ll bag $5m (Sh0.535 billion) over 10 years and $200,000 annually for life thereafter.
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