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Tuesday, 21 July 2009

Kenyan banker, Malawian group win Norwegian prize

OSLO — Norway's Yara Foundation says a Kenyan banker and a Malawian farmers' group have won its annual prize promoting former U.N. Secretary-General Kofi Annan's call for a green revolution in Africa.

The foundation says Kenya's Equity Bank chairman Peter Munga and the National Smallholder Farmers' Association of Malawi will share the award honoring "significant contributions to the reduction of hunger and poverty in Africa."

The foundation said Tuesday the 2009 prize recognizes Munga's "dedication to the unbanked poor" in his homeland and the Malawi association's promotion of "farming as a viable business among smallholder farmers."

The prize includes a $100,000 monetary award and will be presented in Oslo in early September.

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