Ethiopian Prime Minister Abiy Ahmed won the Nobel Peace Prize on Friday.
The Norwegian Nobel Committee, which is responsible for selecting the Nobel Peace Prizes, decided to award this year’s prize to Ahmed “for his efforts to achieve peace and international cooperation, and in particular for his decisive initiative to resolve the border conflict with neighboring Eritrea.”
“The prize is also meant to recognize all the stakeholders working for peace and reconciliation in Ethiopia and in the East and Northeast African regions,” the committee said in a statement Friday.
Along with the notoriety, Ahmed will receive a cash award of 9 million Swedish krona, or about $915,000.
Last year’s Nobel Peace Prize was awarded jointly to Denis Mukwege and Nadia Murad “for their efforts to end the use of sexual violence as a weapon of war and armed conflict.”
Peace was the fifth and final prize category that Swedish inventor and scholar Alfred Nobel mentioned in his last will and testament. He left most of his fortune to be dedicated to the series of awards, the Nobel Prizes.
The Nobel Peace Prize is awarded annually to “the person who shall have done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses,” as described in Nobel’s will.
All Nobel Prizes are awarded in Stockholm, Sweden, except for the Nobel Peace Prize, which is presented in Oslo, Norway.
To date, the youngest Nobel Peace Prize laureate is Malala Yousafzai, who was 17 years old when awarded the 2014 Peace Prize.
One person has declined the Peace Prize — Le Duc Tho — who was awarded the prize with former U.S. Secretary of State Henry Kissinger in 1973 for negotiating the Vietnam peace agreement.
Of the 106 individuals awarded the Nobel Peace Prize, 17 are women.
Ten years ago, former President Barack Obama won the 2009 Nobel Peace Prize for what the Norwegian Nobel Committee called “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.”
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