2009 Nobel Peace Prize "As President Hugo Chávez said at the United Nations, (the Obama administration) is a government that has raised expectations and hopes in many people in the world, amid great contradictions." In Africa, the news of the Obama Nobel Peace Prize was positively received. Kenyan President Mwai Kibaki issued a statement saying that the prize was a "recognition of the contribution [Obama is] making for the well being of humanity." In South Africa, President Jacob Zuma used "Ubuntu"—the Zulu term for "the importance of community"—in his congratulatory message, saying that the U.S. president's "leadership reflects the true spirit of Ubuntu because
2006 Nobel Peace Prize 2006 Nobel Peace Prize The 2006 Nobel Peace Prize was awarded to Muhammad Yunus and Grameen Bank "for their efforts through microcredit to create economic and social development from below". Yunus was awarded the 2006 Nobel Peace Prize, along with Grameen Bank, for their efforts to create economic and social development. In the prize announcement The Norwegian Nobel Committee mentioned: Yunus was the first Bangladeshi to ever get a Nobel Prize. After receiving the news of the important award, Yunus announced that he would use part of his share of the $1.4 million award money to create a company to