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Botswana's ex-president rewarded for leadership; Festus Mogae wins US$5M governance prize

Botswana's former president Festus Mogae was yesterday named the winner of a US$5-million prize for good governance in Africa, winning praise for putting his country's mineral wealth to good use.

Announcing the Ibrahim Prize for Achievement in African Leadership in London's City Hall, former UN secretary-general Kofi Annan also praised Mr. Mogae's efforts in fighting AIDS in the southern African nation.

"President Mogae's outstanding leadership has ensured Botswana's continued stability and prosperity in the face of an HIV/AIDS pandemic which threatened the future of his country and people," Mr. Annan said.

"Botswana demonstrates how a country with natural resources can promote sustainable development with good governance, in a continent where too often mineral wealth has become a curse."

Botswana is one of Africa's most stable countries, with a high credit rating and one of the best standards of living on the continent.

 (Suite)