A $5m prize for former African leaders who set examples of honest, democratic government will not be awarded for a second year running, the sponsor said yesterday. Mo Ibrahim, a Sudanese-born telecommunications entrepreneur, founded the world’s largest individual award as a way to encourage good governance in a continent blighted by corruption and a frequently loose adherence to democratic principles. A seven-member prize committee, chaired by former United Nations’ Secretary-General Kofi Annan, met on Saturday but did not select a winner, the Mo Ibrahim Foundation said. The committee did not choose a winner last year either. It told the foundation there had been no new candidates and so no winner had been selected.