The foundation, which promotes good governance in the continent, was established by Sudan-born billionaire Mo Ibrahim.
An anti-apartheid leader and Nobel laureate, Tutu is an outspoken critic on issues affecting the continent and beyond.
"Tutu is and has
throughout his life been one of Africa's great voices for justice,
freedom, democracy and responsible, responsive government," the Mo Ibrahim Foundation said in a statement.
"In everything he stands for, says and does, he displays a consistent
determination to give a voice to the voiceless and to speak the
uncomfortable truth."
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