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| Mo Ibrahim prize: Namibia President Pohamba gets $5m award | Mo Ibrahim prize: Namibia President Pohamba gets $5m award |
| (about 1 hour later) | |
| The outgoing Namibian President Hifikepunye Pohamba has won the world's most valuable individual award, the Mo Ibrahim prize for African leadership. | The outgoing Namibian President Hifikepunye Pohamba has won the world's most valuable individual award, the Mo Ibrahim prize for African leadership. |
| The $5m (£3.2m) award is given each year to an elected leader who governed well, raised living standards and then left office. | The $5m (£3.2m) award is given each year to an elected leader who governed well, raised living standards and then left office. |
| But the previous award was the fourth in five years to have gone unclaimed. | But the previous award was the fourth in five years to have gone unclaimed. |
| Mr Pohamba, a former rebel who fought for his country's independence, has served two terms as Namibian president. | Mr Pohamba, a former rebel who fought for his country's independence, has served two terms as Namibian president. |
| He was first elected in 2004, and again in 2009. He is due to be succeeded by President-elect, Hage Geingob. | He was first elected in 2004, and again in 2009. He is due to be succeeded by President-elect, Hage Geingob. |
| Who is Hifikepunye Pohamba? | |
| Mr Pohamba was a founding member of the South West Africa People's Organisation (Swapo), an armed movement that waged a decades-long campaign against South African rule. | Mr Pohamba was a founding member of the South West Africa People's Organisation (Swapo), an armed movement that waged a decades-long campaign against South African rule. |
| Since the country won independence in 1990, Swapo has dominated politics, usually winning huge majorities in elections. | Since the country won independence in 1990, Swapo has dominated politics, usually winning huge majorities in elections. |
| Mr Pohamba, 79, was named recipient of the 2014 Ibrahim Prize for Achievement in African Leadership at a ceremony in Nairobi, Kenya. | |
| Mo Ibrahim is a British-Sudanese mobile communications entrepreneur and philanthropist who made billions from investing in Africa. | Mo Ibrahim is a British-Sudanese mobile communications entrepreneur and philanthropist who made billions from investing in Africa. |
| He launched the prize to encourage African leaders to leave power peacefully. | He launched the prize to encourage African leaders to leave power peacefully. |
| The inaugural prize was awarded in 2007 to Joaquim Chissano, Mozambique's former president, who has since acted as a mediator in several African disputes. | The inaugural prize was awarded in 2007 to Joaquim Chissano, Mozambique's former president, who has since acted as a mediator in several African disputes. |
| The $5m prize is spread over 10 years and is followed by $200,000 a year for life. | The $5m prize is spread over 10 years and is followed by $200,000 a year for life. |