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| Botswana's Mogae wins $5m prize | Botswana's Mogae wins $5m prize |
| (10 minutes later) | |
| Botswana's former President Festus Mogae has won a $5m (£2.8m) prize to encourage good governance in Africa. | Botswana's former President Festus Mogae has won a $5m (£2.8m) prize to encourage good governance in Africa. |
| He stepped down in April after serving two terms in office. | |
| Botswana is one of Africa's most stable countries - it has never had a coup and has had regular multi-party elections since independence in 1966. | |
| Announcing the prize, ex-UN Secretary General Kofi Annnan also commended Mr Mogae for his action to tackle the Aids pandemic which has ravaged the country. | Announcing the prize, ex-UN Secretary General Kofi Annnan also commended Mr Mogae for his action to tackle the Aids pandemic which has ravaged the country. |
| The Ibrahim Prize - the most valuable individual annual prize in the world - was set up by Sudan-born telecoms entrepreneur Mo Ibrahim. | The Ibrahim Prize - the most valuable individual annual prize in the world - was set up by Sudan-born telecoms entrepreneur Mo Ibrahim. |
| As well as the $5m prize, Mr Mogae also gets $200,000 a year for the rest of his life. | As well as the $5m prize, Mr Mogae also gets $200,000 a year for the rest of his life. |
| Botswana is rich in diamonds but unlike other resource-rich countries in Africa, this has not become a source of conflict. | |
| Former Mozambican President Joaquim Chissano won the inaugural prize last year. | Former Mozambican President Joaquim Chissano won the inaugural prize last year. |