Nigeria’s ex-finance minister Dr. Ngozi Okonjo-Iweala became the new Director-General of the World Trade Organization (WTO). The lady becomes the first woman and the first African to hold this position.
She received support from David Walker, the WTO Board Chairman, who reassured of the intention of all WTO members to help her accomplish her mission. “We look forward to collaborating closely with you, Dr. Ngozi, and I am certain that all members will work with you constructively during your tenure as director-general to shape the future of this organization,” he said.
Dr. Ngozi Okonjo-Iweala's appointment follows a nine-month selection process that saw many female candidates apply and then withdraw. Examples are Kenyan Amina Mohamed and South Korean Yoo Myung-hee who ended up dropping their candidacies.
Following her official appointment, the new WTO Director-General expressed her intention to prioritize the recovery from the pandemic. “A strong WTO is vital if we are to recover fully and rapidly from the devastation wrought by the Covid-19 pandemic. I look forward to working with members to shape and implement the policy responses we need to get the global economy going again. Our organization faces a great many challenges but working together we can collectively make the WTO stronger, more agile, and better adapted to the realities of today,” the new Director-General said. She will officially take office March 1st for a renewable tenure set to end on August 31st, 2025.
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Côte d’Ivoire ratifies tax agreement with Qatar to avoid double taxation Deal strengthens trade ties and improves tax transparency, cooperation Move...
Togo launches irrigation project with 400 boreholes under ProMIFA Initiative includes training, digital tools, and community management systems Aims...
CAR signs $98 million mechanization deal with UK-based DSR Group Programme to deploy tractors, equipment, and expand agro-processing...
Starlink agora é autorizado no Senegal, mas redes informais continuam a proliferar em várias localidades. A ARTP alerta que estas práticas constituem uma...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...