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Ethiopian prime minister Abiy Ahmed wins Nobel Peace Prize

Ethiopian prime minister Abiy Ahmed wins Nobel Peace Prize

Announcing the victor of the Nobel Peace Prize on Friday in Oslo, the five-member Norwegian Nobel Committee, which awards the prize, praised Ethiopian Prime Minister Abiy Ahmed for his peacemaking efforts, speaking of "his decisive initiative to resolve the border conflict with neighboring Eritrea".

"The prize is also meant to recognise all the stakeholders working for peace and reconciliation in Ethiopia and in the East and Northeast African regions", it added. He worked in close cooperation with the President of Eritrea Isaias Afwerki and quickly worked out the principles of a peace agreement to end the long "no peace, no war" stalemate between the two countries.

Prime Minister Jacinda Ardern has missed out on a Nobel Peace Prize, with the prize going to the Ethiopian Prime Minister.

Berit Reiss-Andersen, the chairwoman of the five-member Norwegian Nobel Institute that awards the Nobel Peace Prize said Ahmed was named for his moves to end his country's conflict with next door Eritrea within months of coming to office in 2018.

"Peace does not arise from the actions of one party alone", the Norwegian Nobel Committee said in its statement Friday.

"This victory and recognition is a collective win for Ethiopians, and a call to strengthen our resolve in making Ethiopia - the new horizon of hope - a prosperous nation for all", the statement read.

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Along with the notoriety, Abiy 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".

Since 1901, 99 Nobel Peace Prizes have been handed out, to individuals and 24 organizations.

A bust of the Nobel Prize founder Alfred Nobel on display at the Concert Hall during the Nobel Prize award ceremony in Stockholm (file photo).

The prize, worth nine million Swedish crowns, or around $900,000, will be presented in Oslo on December 10. Under the Nobel Foundation's rules, nomination shortlists are not allowed to be published for 50 years.

This year's Nobel Prize season kicked off on Monday with the Medicine Prize awarded to Americans William Kaelin and Gregg Semenza, and Britain's Peter Ratcliffe for their discoveries on how cells sense and adapt to oxygen availability.