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.
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...
Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its centra...
After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...
BW Energy confirms light oil and condensate discovery at Namibia’s Kudu gas field Kharas-1 results boost basin understanding; FID now targeted...
Benin approves upgrades for 15.6 km Godomey-Akassato road and 5.3 km service lanes Route faces heavy congestion, connects Cotonou to fast-growing...
SCCT completes $500M expansion at Egypt’s East Port Said terminal Adds 2.2M TEUs capacity, boosting total to 7M with new cranes and yard...
Morocco receives first 6,457 steel rails for Kenitra-Marrakech high-speed rail Project aims to cut major city travel times; launched April 2025 Rail...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...