Nigeria’s Ngozi Okonjo-Iweala was appointed Monday as the first female and first African head of the World Trade Organization, at a special general meeting.
gozi Okonjo-Iweala has been appointed the new chief of the World Trade Organization, becoming the first woman to ever lead the Switzerland-based institution and the first African citizen to take on the role. However, this is not the first time that Okonjo-Iweala makes history.
Born in Nigeria, Okonjo-Iweala graduated from Harvard University in 1976 and then earned a PhD from MIT. She then became the first woman to take on the Nigerian finance ministry and the foreign ministry too. She was also the first female to run for the World Bank presidency, where she spent 25 years.
In October, her WTO candidacy was supported by all geographic regions at the trade body apart from the United States, where the then-Trump administration said it would continue backing the Korean candidate. However, Okonjo-Iweala’s appointment was cleared when President Joe Biden announced a few days ago his support for the 66-year old.
“WTO members have just agreed to appoint Dr. Ngozi Okonjo-Iweala as the next director-general,” the global trade body said in a statement, adding that the former Nigerian finance minister and World Bank veteran will take up her post on March 1.
We want to wish her solid execution and service to the world of trade. May her policies improve the huge trades in Oriendu Market in Abia state, Nigeria, from palm oil to garri.
The world has just got ngozi (“blessing”); expect great things to happen. Congrats, Madam WTO.---
Click to join Tekedia Capital and build Next Africa with min of $10,000 co-investment in startups.