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LONDON, England (CNN) -- A $5 million prize to reward good leadership in Africa was dramatically awarded Monday to ... nobody.Businessman Mo Ibrahim talks about the prize at a news conference in London, England, on Monday. It was the first time in the three-year history of the Mo Ibrahim Prize that the committee did not name a winner."The Prize Committee has considered some credible candidates. However, after in-depth review, the Prize Committee could not select a winner," the committee said in a statement.Democratically elected African presidents and prime ministers who have left office within the last three years are eligible for the prize. Former South African President Thabo Mbeki and Ghana's ex-President John Kufuor were among those eligible this year.Ibrahim, who spoke at Monday's event, said the board has accepted the independent prize committee's decision. He laughed off a question about whether the award was not given because there was not enough money to pay the prize........The prize is worth more than three times as much money as the Nobel. Last year, it went to Festus Gontebanye Mogae, the former president of Botswana. And the year before that, it went to Joaquim Alberto Chissano, the former president of Mozambique.
